The extreme volatility and uncertainty that has arisen with the COVID-19 epidemic poses significant challenges for many businesses to address.

ICAP, in the context of its institutional role as an accredited Credit Rating Agency and its important role in Credit Risk Measurement and Management, taking into account the situation that has been formed, sets all its Credit Ratings and ICAP Scores of the examined Greek corporates in “Under Review” status.

We closely monitor the developments and proceed to reassessments considering the new data as they are formed each time.