GENERAL BANK OF GREECE S.A.
Announcement
Within the framework of the credit assessment of our Bank from Moody's Investors Service and subject to their new evaluation methodology and the announcement of Societe Generale ( as at 24 January 2008 ), our new ratings are as follows:
- Long-term foreign and local currency deposit: Downgrade from Aa3 to A3.
- Bank financial strength rating: affirmed at D+.
- Short-term foreign and local currency deposit rating: affirmed at Prime1.
- Long-term foreign and local currency deposit: Downgrade from Aa3 to A3.
- Bank financial strength rating: affirmed at D+.
- Short-term foreign and local currency deposit rating: affirmed at Prime1.