Moody's has downgraded the outlook on the 'Baa3/Prime-3' long- and short-term foreign currency deposit ratings of DSK Bank, Raiffeisenbank Bulgaria and Piraeus Bank Bulgaria to stable from positive, due to the agency's decision to change the outlook on Bulgaria's Baa3 foreign currency deposit ceiling to stable from positive, the Greek Reporter.gr said today.

Moody's has affirmed all other ratings and existing outlooks of the three institutions.

DSK Bank is owned by Hungarian banking group OTP.

Raiffeisenbank Bulgaria is a subsidiary of Austrian banking group Raiffeisen Zentralbank Oesterreich (RZB).

Piraeus Bank Bulgaria is a unit of Greece's Piraeus Group.