Fitch Ratings has affirmed National Bank of Greece S.A. (NBG), Piraeus Bank, S.A. (Piraeus), Alpha Bank AE (Alpha) and Eurobank Ergasias S.A.'s (Eurobank) Long-term Issuer Default Ratings (IDRs) at 'B-' with Stable Outlooks, Short-term IDRs at 'B', and Viability Ratings (VRs) at 'b-'. Fitch has also affirmed the banks' Support Ratings (SR) at '5' and Support Rating Floors (SRF) at 'No Floor'.

President of the Republic of Cyprus Nicos Anastasiades, stated that the island received an improved Standard and Poor's and Fitch grade due to its continued financial efforts.

Today, Fitch confirmed that Greece has a stable outlook, regarding its international bond market return. However, political and economic hazards remain, and it is uncertain how sustainable market admission will pan out.