London, 18 May 2015 -- Moody's Investors Service has announced today that the proposed structural amendments to the National Bank of Greece S.A. (NBG, deposits Caa3 negative, adjusted BCA caa3) Covered Bond Programme II would not, in and of themselves and as of this time, result in the downgrade or withdrawal of the B3 ratings on the covered bonds issued by NBG under Programme II.
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