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FIGSenior Debt

Cypriot pair score ratings upgrades thanks to MREL

Cyprus_AdobeStock_575x375_07July20

Two Cypriot banks, Bank of Cyprus and Hellenic Bank, had their ratings upgraded by Moody’s on Thursday, as the agency took into account the start of the pair’s respective minimum requirement for own funds and eligible liabilities (MREL) journeys.

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