January 23, 2018 / 10:08 AM / in a month

BRIEF-Fitch Says Greek Banks Still Face Multiple Challenges

Jan 23 (Reuters) - Fitch:

* FITCH SAYS GREEK BANKS STILL FACE MULTIPLE CHALLENGES

* FITCH SAYS GREEK BANKS LIKELY TO MAINTAIN MATERIAL RELIANCE ON ECB‘S EMERGENCY LIQUIDITY ASSISTANCE FOR MOST OF YEAR

* FITCH SAYS GREEK BANKS REMAIN HIGHLY VULNERABLE TO ANY DETERIORATION OF GREEK OPERATING ENVIRONMENT DUE TO EXCEPTIONALLY WEAK ASSET QUALITY, OTHERS

* FITCH SAYS CONTINUING CAPITAL CONTROLS IN GREECE MEAN THAT BANKS’ ISSUER DEFAULT RATINGS ARE LIKELY TO REMAIN AT ‘RD’ IN NEAR TERM Source text for Eikon:

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