S&P Global lifts NZ outlook but no credit rating upgrade
The slowdown in house prices has improved the country's risk profile from stable to positive.
Nevil Gibson
Tue, 30 Oct 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
One of the two agencies holding back on a triple-A rating for New Zealand has eased back on the country’s economic risk profile.
S&P Global Ratings has upgraded its assessment of banks from stable to positive but has kept the sovereign rating risk at AA+.
Key observations are:
• New
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Nevil Gibson
Tue, 30 Oct 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.