DBRS

Greece's "big four" banks (Alpha, Eurobank, National and Piraeus) posted first-half profits totaling €2.3 billion and significantly reduced exposure to bad loans, while also containing operating costs, ratings agency DBRS has noted. 

Despite some of them (like Alpha) resuming dividend payments after many years, capital reserves have strengthened, the agency notes.

Rating agency DBRS said it believes Greece runs a "moderate" risk of exiting the eurozone.

In a report issued late on Monday, DBRS warned that while the other 18 states that share the euro currency run a "low risk" of eurozone exit, including all other countries to emerge from a bailout program, Greece continues to face a moderate possibility.

Ratings agency DBRS said in a statement on Wednesday it expects that the current review of Greece's third bailout program will not be completed within the year, but early in 2018.

Reports about a possible compromise being reached in the Brussels Group talks as a goodwill gesture by the European Commission helped the local stock market rebound on Monday after morning losses led the benchmark to decline up to 2.70 percent.