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Currency Buy Sell
EUR RUB 88.6469 93.3613
EUR CHF 1.0492 1.0963
EUR USD 1.1586 1.1986
EUR GBP 0.8891 0.9168

Non-cash Transaction

Currency Buy Sell
EUR RUB 89.9924 91.1741
EUR CHF 1.0649 1.0768
EUR USD 1.1767 1.1867
EUR GBP 0.9000 0.9069
23.10.2020

News

S&P Global Ratings publishes research rating report on RCB Bank Ltd

17.07.2020

S&P Global Ratings has published its annual report on RCB Bank, confirming its “BB-/B” long- and short-term counterparty credit ratings with stable outlook. This rating in conjunction with those of other international rating agencies continue to grant RCB Bank the status of the highest rated banking institution in Cyprus.

RCB Bank’s strengths, such as its ample liquidity and sound capitalization, good asset quality, as well as its profitability through the cycle are amongst S&P’s major rating factors. The agency notes in its report that RCB bank’s strengths enable it to withstand potential stresses from a macroeconomic downturn following the outbreak of COVID-19.

The S&P rating constitutes yet another confirmation of RCB Bank’s strong and stable position, a factor that for this year gains even more importance, given the effects of the COVID-19 pandemic on the Cyprus and the global economy alike.