OREANDA-NEWS. This commentary replaces the version published earlier. It corrects the ratings of the issuer. The correct version is as follows:

Fitch Ratings has affirmed the rating on Eurobank Ergasias S.A. (Eurobank, CCC/C, VR: ccc) mortgage covered bonds at 'B-' and removed it from Rating Watching Negative. The Outlook is Negative. At the same time, the rating has been withdrawn.

Fitch has chosen to withdraw the ratings of Eurobank mortgage covered bond programme for commercial reasons. Fitch will no longer provide rating or analytical coverage of this mortgage covered bond programme.