Press Releases - Category: Country
Displaying 1-10 of 50 results.
Monday, Jun 24, 2024
MARC Ratings has affirmed the People’s Republic of China's (China) sovereign rating at AAA with a stable outlook based on its national rating scale. The AAA rating reflects several credit strengths that include the country’s large, diversified and internationally competitive economy, proactive fiscal and monetary approaches, and robust external position. As the world’s second-largest ec...

This article has been viewed 403 times.
Monday, Dec 11, 2023
MARC Ratings has affirmed its public information sovereign rating of AAA/Stable on Malaysia based on its national rating scale. The AAA rating reflects the country’s credit strengths, including a competitive and diversified economy that has maintained a relatively steady growth trajectory. Malaysia has consistently posted a current account (CA) surplus, which contributes to a stable externa...

This article has been viewed 564 times.
Friday, Feb 10, 2023
MARC Ratings has affirmed the State of Kuwait’s (Kuwait) foreign currency sovereign rating of AAA/Stable based on its national rating scale. The rating reflects Kuwait’s significant fiscal and external buffers. These credit strengths are, however, balanced by credit concerns that include its heavy reliance on the oil sector, political tensions that continue to affect policymaking, and weak gov...

This article has been viewed 727 times.
Monday, Sep 05, 2022
MARC Ratings has affirmed its foreign currency sovereign rating of AAA/stable on the Republic of Singapore (Singapore) based on its national sovereign rating scale. The AAA rating reflects a number of Singapore’s strengths, including having a dynamic and competitive economy underpinned by strong economic policy frameworks and effective institutions. Singapore’s success as a global busine...

This article has been viewed 765 times.
Wednesday, Jun 08, 2022
MARC Ratings has affirmed its public information local currency sovereign rating of AAA/stable on Malaysia, based on its national sovereign rating scale.  Under this rating scale, the sovereign state of Malaysia carries the lowest relative risk for reasons that include its authority to tax and set interest rates.The rating reflects the country’s credit strengths including a competitive and ...

This article has been viewed 844 times.
Friday, Mar 18, 2022
MARC Ratings has affirmed its public information foreign currency sovereign rating of AAA/stable on the People’s Republic of China based on its national rating scale. The rating reflects several credit strengths, including a large, well-diversified, and resilient economy. Unlike many other countries, China had avoided an economic contraction during the first year of COVID-19 in 2020, thanks to a...

This article has been viewed 921 times.
Friday, Oct 01, 2021
MARC has affirmed its foreign currency sovereign rating of AAA/stable on the State of Kuwait (Kuwait), based on its national rating scale. The rating reflects Kuwait’s significant fiscal and external buffers. Meanwhile, its heavy reliance on oil, as well as weak governance and institutions, are credit concerns. Kuwait faces rising fiscal and economic pressure due to the impact of the COVID-19 pa...

This article has been viewed 930 times.
Thursday, Jul 29, 2021
MARC has affirmed its public information local currency sovereign rating of AAA/stable on Malaysia, based on its national rating scale. Under this rating scale, the sovereign state of Malaysia carries the lowest relative risk for reasons that include its authority to tax in ringgit and set interest rates.The rating reflects several credit strengths, including a competitive and well-diversified eco...

This article has been viewed 1040 times.
Wednesday, Mar 31, 2021
MARC has affirmed its public information foreign currency sovereign rating of AAA/stable on the People’s Republic of China, based on its national rating scale. The AAA rating reflects several credit strengths, including a large and well-diversified, resilient economy. Thanks to an effective stimulus package, China’s quarterly recovery was quick and it managed to avoid an economic contraction i...

This article has been viewed 963 times.
Friday, Oct 30, 2020
MARC has affirmed the Republic of Korea’s (South Korea) foreign currency sovereign rating of AAA with a stable outlook, based on its national rating scale. The AAA rating reflects several credit strengths, chief among which are economic resilience, prudent fiscal management and a strong external position. Thanks to fiscal discipline, the government has, for example, a net positive asset position...

This article has been viewed 1027 times.