S&P Corrects Administrative Error By Revising Outlook On National Bank of Romania Ratings To Stable From Negative |
Autor: Bancherul.ro
2011-05-20 11:10 |
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MADRID (Standard&Poor's) May 19, 2011--Standard&Poor's Rating Services today said that due to an administrative error, the rating outlook on the National Bank of Romania (NBR, the central bank of Romania), which is linked to that of Romania (foreign currency BB+/Stable/B, local currency BBB-/Stable/A-3) had been incorrectly listed as negative.
The rating outlook on Romania was revised to stable from negative on March 9, 2010. The rating outlook on NBR should have been revised to stable on the same date. We have now corrected this error.
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