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S&P Upgrades the Rating of Four Greek Banks

Summary by Greek Reporter
The headquarters of Alpha Bank in Athens. Credit: AMNA S&P Global Ratings upgraded the credit ratings of four Greek banks, the National Bank of Greece, Eurobank, Piraeus and Aegean Baltic Bank on Friday, and affirmed the rating of Alpha Bank, citing the stronger institutional environment and the improved capital quality of the sector. As the American agency notes, the strengthening of the supervisory authorities’ ability to act proactively again…
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