Moody’s announces positive rating hikes for Greek banks

6 March 2019
478 Views

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.

You may be interested

Mike Pompeo urges Turkey to maintain Hagia Sophia’s status as a museum
GREECE
shares9 views
GREECE
shares9 views

Mike Pompeo urges Turkey to maintain Hagia Sophia’s status as a museum

Panos - Jul 02, 2020

U.S. Secretary of State Mike Pompeo urged Turkey to not change the current museum status of the Hagia Sophia, the…

Flight from Hannover inaugurates tourist season for Heraklio
GREECE
shares6 views
GREECE
shares6 views

Flight from Hannover inaugurates tourist season for Heraklio

Panos - Jul 02, 2020

Α flight from Hannover on Wednesday morning inaugurated the tourist season for the city of Heraklio, Crete, after the re-opening…

Weather forecast: Fair
GREECE
shares7 views
GREECE
shares7 views

Weather forecast: Fair

Panos - Jul 02, 2020

Sunny and high temperatures are forecast for Thursday. Northerly wind will reach 5 on the Beaufort scale. Mostly fair in…

Leave a Comment

Your email address will not be published.