Look for:

Our offer for

Research Detail

2017/12/18 / Erste Group Research

RS Short Note, Serbia

Fitch upgrades Serbia from "BB-" to "BB" with stable outlook

Fitch ratings upgraded Serbia's LT rating from "BB-" to "BB", with stable outlook, which came as a relative surprise given the disappointing growth performance in 2017. Notable improvement of fiscal position in recent years, which led to stabilization of public debt trajectory and reversal of its trend downwards, outweighed weaker growth outlook in rating's decision. This decision is supportive for spread developments down the road.

PDF Download Download PDF (217kB)

General information

AuthorErste Group Research
Product nameCEE Country Update
Topic in focusFX, Macro/ Fixed income
Economy in focusSerbia
Currency in focusSerbian dinar
Sector in focus-


We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.


Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer