DBRS Ratings (Morningstar DBRS) has upgraded the credit ratings of two major Greek banks, Eurobank S.A. and the National Bank of Greece, raising them from BBB (low) to BBB.
The Canadian ratings agency has also assigned a positive outlook to Eurobank S.A., while maintaining a stable outlook for the National Bank of Greece.
In its statement regarding Eurobank, Morningstar DBRS said the upgrade reflects the group’s improved ability to sustain
