Hellenic Bank – Outlook Revised to Positive

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) Outlook of Hellenic Bank (HB) to Positive from Stable. At the same time, CI Ratings has affirmed the Bank's LT FCR of 'BB', Short-Term FCR (ST FCR) of 'B', BSR of 'bb', and Extraordinary Support Level (ESL) of Uncertain. HB's Core Financial Strength (CFS) rating has been raised to 'bb+' from 'bb'.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Cyprus, Hellenic Bank )
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