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CI Seminars

CI Seminars

News & Credit Rating Announcements

24 June 2022 | Country: Greece | Bank: Piraeus Bank S.A.

Piraeus Bank S.A. - Ratings Upgraded; Outlook Remains Stable

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded the Long-Term Foreign Currency Rating (LT FCR) of Piraeus Bank S.A. (PB) to 'B+' from 'B'. At the same time, CI Ratings has raised PB's Bank Standalone Rating (BSR) to 'b+' (from 'b'), and Core Financial Strength (CFS) rating to 'b+' (from 'b'). The Outlook on both the LT FCR and BSR remains Stable. The Bank's Short-Term Foreign Currency Rating (ST FCR) of 'B' and Extraordinary Support Level (ESL) of Uncertain have been affirmed.

Attachments

  • Rating Announcement (CRA)
    PDF Download Available
  • Bank Rating Report (Greece, Piraeus Bank S.A.)
    Purchase Available - View price list


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