Two Greeks’ covered down as Moody’s cuts banks
Moody’s cut the ratings of the covered bond programmes of Alpha Bank and EFG Eurobank Ergasias on Friday after downgrading the issuers and seven other Greek banks because of their weakening stand-alone financial strength and worries about the country’s challenged economic prospects.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts