S&P lowers First Citizens, Republic banks outlook to negative
Finance
Business
October 1, 2025
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STANDARD & Poor's (S&P) has revised the outlook on two majority state-owned banks – First Citizens and Republic Bank – from stable to negative.
The revision was shared on S&P’s website on September 26, less than a month after it gave First Citizens a rating of "BBB" or "stable," in a ratings report on September 8.
It also followed S&P's revised outlook for TT on September 25.
Finance
Business
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