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CI Seminars

CI Seminars

News & Credit Rating Announcements

21 November 2019 | Country: Cyprus | Bank: Hellenic Bank Public Company Ltd

Hellenic Bank - Ratings Affirmed with a Stable Outlook

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the LT FCR and ST FCR of Hellenic Bank (HB) at 'BB-' and 'B', respectively. The Bank has also been assigned a BSR of 'bb-'. The Outlook for the LT FCR and BSR is Stable, indicating that the ratings are unlikely to change over the next 12 months in view of the Bank's large stock of NPEs and significantly impaired capital position due to the high level of unprovided NPEs.

Attachments

  • Rating Announcement (CRA)
    PDF Download Available
  • Bank Rating Report (Cyprus, Hellenic Bank Public Company Ltd)
    Purchase Available - View price list


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