BUSINESS BRIEFS

Slovak Post highly rated by CRA

THE CZECH ratings agency Česká Ratingová Agentura (CRA) has awarded the state-run Slovak Post a long-term international rating of BAA-. This investment rating means that the company's ability to settle its international long-term obligations denominated in foreign currencies is the same as of the Slovak Republic's, said CRA analyst Miroslav Kňažko.

The agency assigned the Slovak Post a long-term local rating at skAA+, one grade lower than the highest possible rating of skAAA within the investment band of the local rating scale. The agency considers the Slovak Post a high-quality subject with a high ability to settle its obligations in Slovak crowns.

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