Long term **** ‘B1’ Long term 'B+' Long term 'B (High)'
Outlook "Stable" Outlook “Stable” Outlook Stable"
Short Term '(P)NP' Short Term 'B' Short Term 'R-4'
Outlook   Outlook   Outlook “Stable”
Latest update: 16/02/2023 Latest update: 24/11/2022

Latest update: 15/06/2022


* Moody’s (16 February 2023): Moody’s rating agency has improved the Bank’s ratings by two notches, upgrading the Baseline Credit Assessment (“BCA”) to “b1” from “b3”, the long-term deposit rating to “Ba2” from “B1” and the subordinated debt rating to “B2” from “Caa1”. The long-term senior unsecured debt rating has been upgraded by three notches to “B1” from “Caa1”. The outlook on the long-term deposit and senior unsecured debt ratings has confirmed stable.


** Fitch (24 November 2022): the international rating agency Fitch Ratings has improved the Bank’s ratings, upgrading the Long-Term Issuer Default Rating (“IDR”) to “B+” from “B” and the Viability Rating (“VR”) to “b+” from “b”. The outlook has improved to “stable” from “evolving”. 



*** DBRS Ratings GmbH (15 June 2022):

DBRS Ratings GmbH rating agency has decided to confirm all BMPS ratings, including the Long-Term Issuer Rating of “B (high)”, the Long-Term Senior Debt Rating of “B (high)” and the Long-Term Deposits Rating of “BB (low)”. The trend on all ratings remains stable.


**** Long-Term Senior Unsecured Debt Rating

Last modified: 16/02/2023