S&P revises HBOR view to positive

S&P said it revised its outlook on Croatian 100% state-owned development bank Hrvatska banka za obnovu i razvitak (HBOR) to positive from stable and affirmed the BB+/B long- and short-term issuer credit ratings on HBOR.

“The outlook revision reflects the action we took on Croatia on Sept. 21, 2018,” S&P said in a news release.

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