Fitch Upgrades three Greek Banks’ senior preferred debt, reflecting improved recovery prospects

00:31 7/9/2021 - Πηγή: In.gr
According to Fitch, the upgrades reflects its assessment that “recoveries for the banks’ SP creditors have improved because of subdued asset-quality risks, following a recovery in the Greek operating environment and progress made in their respective de-risking plans, including the sale of substantial portfolios of non-performing exposures (NPE).
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