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Bank - Ratings and Research
Moody's puts National Bank of Greece on review for possible downgrade
November 03, 2009 7:33 PM ET
By Zeeshan Zafar
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Moody's on Nov. 3 put National Bank of Greece SA's Aa3 local and foreign currency deposit ratings on review for possible downgrade.

The rating agency also placed the bank's Aa3 debt rating and its A2 preferred stock rating on review for possible downgrade.

The ratings actions follow the agency's placement of the government of Greece's A1 foreign and local currency ratings on review for possible downgrade and reflects the possibility of a downgrade of the government's ratings, resulting in a downgrade of the company's deposit and debt ratings, Moody's said.



 

 




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