Log in
A+ A A-

Moody's upgrades Greek banks

Moody's upgraded Greek banks on Tuesday, days after providing a "vote of confidence" for the Greek economy. Specifically, Moody's upgraded the long-term deposit rating for National Bank of Greece, Alpha Bank and Eurobank Ergasias, to Caa1 to Caa2, while re-affirming its rating for Piraeus Bank and non-systemic Pan-Cretan Cooperative Bank, at Caa2.
Additionally, Moody's retained its long-term rating for non-systemic Attica Bank, at Caa3.

  • Published in Greece

Moody's upgrades Greek banks

Moody's Investors Service upgraded on Tuesday the long-term deposit ratings of Piraeus Bank and the National Bank of Greece. to "Caa2" from "Caa3", and affirmed Alpha Bank, Eurobank Ergasias and Attica Bank long-term deposit ratings at "Caa3".

  • Published in Greece
Subscribe to this RSS feed