October 2, 2020 -
The international credit rating agency Moody`s affirmed on Wednesday, September 30, 2020, the Ba2 credit rating of Zagreb Holding with a positive outlook.
Referring to the rating of the City of Zagreb in a credit opinion published on Thursday, October 1, Standard & Poor's lowered the credit rating of Zagreb Holding from B + to B- while maintaining a stable outlook.
In their opinion, both agencies consider the impact of the coronavirus pandemic and the strong financial and institutional connection of Zagreb Holding with its owner - the City of Zagreb.
Credit opinions are available at the following links: