Moody’s raises ratings for three Greek banks following sovereign rating boost

Moody’s has upgraded the credit ratings of three Greek banks — Eurobank , National Bank of Greece (NBG), and Attica Bank—following its recent upgrade of Greece’s sovereign credit rating to investment grade last week.

The credit ratings agency raised the Baseline Credit Assessment (BCA) of Eurobank and NBG to baa3 from ba1, while Attica Bank’s BCA was upgraded to b1 from b2.

In addition, the long-term deposit and senior unsecured