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Monthly Archives: June 2009

S&P downgrades Barbados

10-Jun-09

Good to see you again. Glad you enjoy the Limes.More bad news for Caribbean economies – rating agency Standard & Poor’s on Wednesday downgraded the foreign currency rating of Barbados to BBB from BBB+. From the S&P statement, highlighting mine: Barbados Foreign Currency Credit Rating Lowered To ‘BBB’ From ‘BBB+’; Outlook Stable – The global [...]

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Moody’s reviews First Citizens’ ratings

02-Jun-09

Moody’s, the ratings agency, is reviewing the credit ratings of First Citizens Bank Limited for a possible downgrade. The agency has been conducting a broad review of global banks, so this is not entirely surprising. Here are the comments from Moody’s, any highlighting is my own: New York, June 02, 2009 — Moody’s Investors Service [...]

Filed in Business & Finance, Trinidad & Tobago | Tagged , , , | View Comments
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