S&P Downgrades Four Greek Banks, Nbg's Bulgarian Unit S&P Downgrades Four Greek Banks, Nbg's Bulgarian Unit

S&P Downgrades Four Greek Banks, Nbg's Bulgarian Unit

SeeNews - The Corporate Wire 2011, March 31

SeeNews - The Corporate Wire
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Publisher Description

SOFIA, (Bulgaria), March 31 (SeeNews) - Standard&Poor's on Thursday said it lowered its long-term counterparty credit rating on the National Bank of Greece (NBG) to 'B+' from 'BB+' and its long-term counterparty credit rating on NBG's strategically important Bulgarian subsidiary, United Bulgarian Bank, to 'B+' from 'BB'. The global credit rating agency also lowered its long-term counterparty credit ratings to 'B+' from 'BB' on the other three Greek banks it rates - EFG Eurobank Ergasias, Alpha Bank and Piraeus Bank.

GENRE
Business & Personal Finance
RELEASED
2011
31 March
LANGUAGE
EN
English
LENGTH
9
Pages
PUBLISHER
AII Data Processing Ltd.
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
62.4
KB

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