Fitch Ratings and Moody’s have upgraded Greek banks’s ratings, with Fitch assigning a stable outlook on all banks, while Moody’s outlook on the sector is positive.  

 

Fitch has upgraded National Bank to 'BB' from ‘BB-‘, Eurobank to 'BB' from 'BB-', Piraeus Bank to 'BB-' from 'B' and Alpha Bank to 'BB-' from 'B+' and stable outlook. 

 

Moody’s has upgraded Alpha Bank to ‘ba3’ from ‘b1’ Eurobank to ‘ba2’ from ‘b1’, National Bank to ‘ba2’ from ‘b1’ and Piraeus Bank to ‘ba3’ from ‘b2’.