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S&P lowers rating on HBOR, outlook stable

Author: itom
ZAGREB/LONDON, Jan 28 (Hina) - Standards and Poor's Rating Services on Tuesday lowered its long-term issuer credit rating on Croatian 100% state-owned development bank HBOR to 'BB' from 'BB+'. At the same time, the agency affirmed the short-term ratings at 'B', saying the outlook is stable.

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