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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 19/Jun 07:14

Moody’s: Hellenic Bank ratings on review for upgrade

Moody’s Ratings has placed all Hellenic Bank ratings and assessments on review for upgrade, with the exception of the Prime-2 short-term Counterparty Risk Ratings (CRRs) and Prime-2(cr) short-term Counterparty Risk (CR) Assessment which have been affirmed. “This announcement reflects our strong financial performance and strategic development,” the bank said in a brief statement. Last month, Hellenic Bank announced first quarter profits of €93.3 mln, up 34% year on year, but 25% below the €124.8 mln in the last quarter of 2023, mainly due to higher income from interest rates. Moody’s said the ratings and assessments that have been placed on

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