Moody’s upgraded Piraeus Bank’s Tier II debt rating to Ba1 (one notch below investment grade) from Ba2, due to the fact that the Bank has exceeded its interim MREL requirement of 27.5%, with the respective ratio reaching 30.4% at end-June 2025.
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Moody’s upgraded Piraeus Bank’s Tier II debt rating to Ba1 (one notch below investment grade) from Ba2, due to the fact that the Bank has exceeded its interim MREL requirement of 27.5%, with the respective ratio reaching 30.4% at end-June 2025.