Fitch Upgrades Hellenic Bank to ‘BBB-‘ with stable outlook
Fitch Ratings has upgraded Hellenic Bank’s Long-Term Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BB+’, with stable outlook and its Viability Rating (VR) to ‘bbb-‘ from ‘bb+’.
According to Fitch, the upgrade mainly reflects the upgrade of Cyprus’s sov…