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Bad loans decline through co-op deal a credit positive, Moody’s says

Moody’s rating agency said the decline of non-performing exposures (NPEs) by €5.6bn, or 33.6 per cent, stemming from the resolution of the co-operative bank (CCB) is a credit positive for the Cypriot banking system because it reduces asset quality risks and supports depositor confidence.

Moody’s: Stress tests results credit positive for Greek banks

The results of a stress test round for the four Greek systemic banks - Alpha Bank, Eurobank, National Bank and Piraeus Bank - are credit positive and showed the resilience of their supervisory capital, Moody's said in its Credit Outlook…