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Tag Archives: Republic Bank Limited

S&P says Republic Bank doing okay

05-Oct-09

Short note from rating agency Standard & Poor’s on Republic Bank (highlighting mine): S&P: Republic Bank Ltd. Counterparty Credit Ratings Affirmed At ‘BBB-/A-3′ With Stable Outlook * The bank’s financial performance has been stable through a period of tough economic conditions in the Caribbean region. * We are affirming the ‘BBB-/A-3′ counterparty credit ratings on [...]

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S&P says may cut ratings on FCB and Republic Bank

03-Feb-09

S&P, which said today it was considering downgrading T&T’s sovereign credit rating, is also scrutinising the ratings of both First Citizens Bank and Republic Bank due to the fallout from the CL Financial bailout. Here are the statements, any emphasis/explanations mine: S&P: First Citizens Bank Ltd. ‘BBB+/A-2′ Rating Put On CreditWatch Negative ["CreditWatch Negative" means [...]

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