National Bank of Greece - CFS Raised; Other Ratings Affirmed with a Stable Outlook

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of National Bank of Greece SA (NBG) at 'BB-' and 'B', respectively. CI Ratings has also affirmed NBG's Bank Standalone Rating (BSR) of 'bb-' and Extraordinary Support Level (ESL) of Uncertain. The Outlook on both the LT FCR and BSR remains Stable. At the same time, CI has raised the Bank's Core Financial Strength (CFS) rating to 'bb', from 'bb-'.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Greece, National Bank of Greece)
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