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Cambodia has capacity to meet financial commitments

What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjYzNjA5ZjFjY2YyOWExZDBmMzQ0OWQwMGVhYzJi

S&P downgrades Acleda, keeps outlook stable

Hours after downgrading Cambodia’s long-term sovereign credit rating, ratings agency Standard & Poor’s said it had also decided to lower the credit rating for Acleda Bank to B from B+, though it maintained its outlook for the bank as stable. The decision follows a similar decision ...

S&P downgrades national sovereign debt rating

Ratings agency Standard & Poor’s yesterday lowered Cambodia’s long-term sovereign credit rating by one notch to B due to the country’s continued inability to diversify its economy and increase government spending. The decision by Standard & Poor’s comes after the agency said in September that constraints ...

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