Fitch warns of Greek systemic banks' vulnerability

Fitch on Tuesday raised "warning bells" over Greek banks' financial condition, with the credit ratings firm pointing to their vulnerability due to "any deterioration of the Greek operating environment due to their exceptionally weak asset quality, high capital encumbrance by unreserved non-performing exposures (NPEs) and tight liquidity, Fitch Ratings says. This is reflected in their Viability Ratings of 'ccc'."
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