Latest Headlines

All reports tagged with: "Hellenic bank"

Hellenic Bank takes €99.5 million hit on Greek debt

Hot on the heels of the €1 billion loss reported by the Bank of Cyprus last week, the Hellenic Bank has posted a loss of €99.5 as a consequence of a 70 percent writedown on its Greek debt.

Fitch downgrades three Cypriot banks

Fitch Ratings has downgraded three Cypriot banks by one notch saying that finding private capital to cover their capital needs until June will be “difficult”. Fitch downgraded the three banks to BB+ from BBB- with negative outlook.

Cyprus’ top three banks downgraded by Moody’s

Moody’s Investors Services has downgraded the long-term deposit and debt ratings of the three largest Cypriot banks because of what it believes is the reduced ability of the country to support its large banking system.

Moody’s reviews Cyprus banks for possible downgrade

Moody’s Investors Service placed three Cypriot banks on review for a possible downgrade on Friday, citing heightened risks to the banks from their exposure to Greek debt.

Moody’s downgrades three Cyprus banks

Following in the wake of its decision last week to downgrade Cyprus government bond ratings, yesterday Moody’s Investor Services announced that it had downgraded three Cyprus banks.

Page 2 of 212

Back to top