Moody’s Takes Positive Rating Actions on Five Greek Banks

Moody’s Investors Service has today upgraded the long-term deposit and senior debt ratings of Piraeus Bank SA, National Bank of Greece SA and Alpha Bank AE by one notch to Caa1 (stable outlook) from Caa2 (negative outlook) and increased the banks’ baseline credit assessments (BCAs) to caa2 from caa3, within the bank financial strength rating […]

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