National Bank of Greece ADR (fka NBGGY)

[Jester_Vandalay]

Moody’s Credit Watch Parade Continues with Greek Banks.

Moody’s Investors Service, which now has Ireland, Spain and Greece on watch for potential downgrades, also announced today that the deposit and debt ratings of six Greek banks are also in play.

National Bank of Greece, EFG Eurobank, Alpha Bank, Pireaus Bank, Agricultural Bank of Greece and Attica Bank are also now under review, with the standalone bank financial strength of NBG, EFG Eurobank and Alpha also in question.






Moody’s said the move was an extension of its review of the nation of Greece itself, which, if it were to be downgraded, could negatively affect its ability to support its banks.


Moody’s Parade