LONDON (Standard&Poor's CreditWire) April 3, 2000--Standard&Poor's today revised its long-term issuer credit ratings on National Bank of Greece S.A. (NBG), Alpha Credit Bank A.E. (Alpha), to triple-'B'-plus from triple-'B'. At the same time, Standard&Poor's raised its long-term issuer credit rating on EFG Eurobank S.A. (Eurobank) to triple-'B' from triple-'B'-minus, as well as raising its short-term rating to 'A-2' from 'A-3' on the bank. The outlooks on NBG, Alpha, and Eurobank are also revised to stable from positive. (See list below for all rating actions.) The rating actions reflect the improving financial profiles of these three banks, as well as the economic risks of the Greek banking system. The dynamic developments occurring in the Greek
