Hungary's situation is stable, though
Hungary in the most difficult position
No big surprise there
Unexpected praise
Rare opportunity presents itself.
The credit rating agency reacted to OTP's EUR 500 mn bond issue.
Further loan quality improvements are to be limited, says the ratings agency.
Erste, K&H ratings improved from Baa2 to Baa1.
Markets buckle.
Standard & Poor's rating review coming right up.
If only that still-elevated public debt was not there...
Rating remains Baa3, outlook stable.
Moody's ratings review coming up.
Outlook on Hungary is also stable.
First may come as soon as next week.
And affirms some others.
OTP Bank and OTP Mortgage Bank among them.
Lending seen growing by cc. 10% this year and next.
Hungarian, Slovenian CFOs are the most optimistic.