Text-Fitch keeps 6 Greek Banks at 'B-'/RWN; Viability cut
July 26, 2011 at 11:36 AM EDT
(The following statement was released by the rating agency.) July 26 (Fitch) Fitch Ratings has maintained six Greek banks' Long-term Issuer Default Ratings (IDR) at 'B-' with a Rating Watch Negative (RWN) following the Summit decision by euro area leaders last week. The six banks' Long-term IDRs remain on their Support Rating Floors (SRF) and continue to reflect Fitch's assumption that international support from the IMF/EU/ECB in respect of Greek banks' liquidity requirements, recapitalisatio
