Moody's upgraded Eurobank's rating to Baa2 from Ba1 due to strong financial fundamentals.

Moody's upgraded Eurobank's rating two notches to Baa2 from Ba1, due to strong financial fundamentals, asset quality, and liquidity. The bank's Senior Preferred issues are now rated one notch above investment grade. Moody's considered Eurobank's international operations, especially after acquiring a majority stake in Hellenic Bank, as differentiating factors for its profit sources.

June 14, 2024
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