D&B lowers Israel's rating: Clients should proceed with caution - TheStreet

Dun & Bradstreet lowered Israel's rating in April due to the security situation, which has economic ramifications, from its DB2d rating to a DB3a. The rating was reduced as part of the international company¿s April analysis of each world economy, determining that there is slight risk in credit granted to Israeli companies and clients doing business with Israel should proceed with caution.

D&B is not a credit rating company like S&P or Moody¿s, so the rating is not expected to have any material impact on financial markets. Nonetheless, the D&B monthly review includes up-to-date economic and credit information on all the world¿s economies and serves foreign entities, so it does not portray Israel in a positive light.

The report notes the negative influences on the Israeli economy due to the security situation. Nonetheless, its authors state that Israel's credit terms are still good and there is not warning for business performance or credit.