Eurobank S.A. - Ratings Upgraded; Outlook Remains Stable

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) of Eurobank S.A. (Eurobank) to 'BB-' from 'B+'. CI Ratings has also upgraded Eurobank's BSR to 'bb-' from 'b+' and its CFS rating to 'bb' from 'bb-'. The Outlook on the LT FCR and BSR remains Stable. At the same time, CI has affirmed the Bank's Short-Term Foreign Currency Rating (ST FCR) of 'B' and ESL of Uncertain.

Attachments

• Rating Announcement (CRA)
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