Fitch upgrades credit rating of three major Greek banks
- Written by E.Tsiliopoulos
Credit ratings agency Fitch on Monday raised the credit rating of three major Greek banks, Eurobank, National Bank of Greece and Alpha Bank, after upgrading the credit rating of Greece's economy to one notch below investment grade last Friday.
The credit rating agency upgraded Eurobank and National Bank of Greece to "BB-" from "B+", and Alpha Bank to "B+" from "B".
Fitch reported that its decision is justified by the banks' improved capital position, their profitability, and the expected resilience of the country' economy in 2023.
On January 27, Fitch upgraded Greece's rating from 'BB' to 'BB+'.
Tagged under
Related items
-
HSBC: "Sees" New Democracy self-reliance in Greek elections
-
Kyriakos Mitsotakis: The selfie with the first female chief pilot in Army Air Force Chopper
-
German Press: Explosion in demand for Greek real estate
-
AEGEAN, CAE join forces for the first modern Flight Simulator and Crew Training Centre in Greece
-
Corfu's inexhaustible richness revealed in Marketing Greece's video
Latest from E.Tsiliopoulos
- HSBC: "Sees" New Democracy self-reliance in Greek elections
- Kyriakos Mitsotakis: The selfie with the first female chief pilot in Army Air Force Chopper
- German Press: Explosion in demand for Greek real estate
- AEGEAN, CAE join forces for the first modern Flight Simulator and Crew Training Centre in Greece
- Corfu's inexhaustible richness revealed in Marketing Greece's video