Moody’s changes outlook for Greek banks from negative to stable

EconomyBanking Tags: Banking, Ratings

In a report released on Tuesday, Moody’s upgraded Greek banks’ outlook to stable from negative on the back of improving profitability and funding, which are expected to normalise from a very weak base.

Greek bank’s capital ratios remain sound, with the Common Equity Tier 1 (CET1) ratio at around 17 percent, but half of it is in the form of deferred tax assets (DTAs), which is considered to be lower quality capital, according to Moody’s.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.