Moody's Corporation

Moody's remained on Friday the only major rating agency to maintain Greece outside the investment-grade states, as it affirmed the country's credit rating at "Ba1", with a stable outlook.

Last September the agency had raised Greece's rating two notches, from "Ba3". It has therefore maintained Greece one notch before investment level.

The turmoil in the US banking sector following the collapse of Silicon Valley Bank (SVB) should have only a limited impact on European banks, which are organized differently, said ratings agencies Moody's and S&P Global on Tuesday, AFP reported.

Ratings agency Moody's has downgraded 20 financial institutions, citing the increased risk of deterioration in funding.

The focus of Moody's rating review of Turkey announced this month is not on individuals, international credit rating agency Moody's said on July 11.

Rating agency Moody's Investor Service said on June 27 a strengthening U.S. dollar since mid-April has increased the credit risk of several emerging markets due to currency depreciation.

Credit rating agency Moody's announced on June 6 that it would review the credit ratings of 11 Turkish companies with regard to their solvency. 

Credit ratings agency Moody's announced Friday that it would review Turkey's credit rating to decide if it should be downgraded.

Moody's Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Jan. 13.

Moody's Investors Service changed on December 11 Romania's rating outlook from stable to positive and affirmed the country's sovereign rating at Baa3 (investment grade), the Public Finance Ministry announced on Saturday.