Fitch upgrades three Greek banks’ state-guaranteed debt to ‘B’
Fitch Ratings has upgraded the state-guaranteed long-term senior debt rating of National Bank of Greece (NBG, B-/Stable), Alpha Bank (Alpha, B-/Stable) and Eurobank Ergasias (Eurobank, B-/Stable) to ‘B’ from ‘B-‘.
The rating actions follow the upgrade of Greece’s sovereign Long-Term foreign currency Issuer Default Rating (IDR). [Reuters]
