Rating
MOODY’S* | FITCH** | Morningstar DBRS*** | |||
---|---|---|---|---|---|
Long term **** | ‘Ba2’ | Long term | 'BB+' | Long term | 'BB (high)' |
Outlook***** | "Positive" | Outlook | “Positive” | Outlook | “Positive" |
Short Term | '(P)NP' | Short Term | 'B' | Short Term | 'R-3' |
Outlook | Outlook | Outlook | “Positive” | ||
Latest update: 01/31/2025 | Latest update: 10/25/2024 |
Latest update: 04/15/2024 |
* Moody’s (31 January 2025): the rating agency, following the Bank’s announcement of an acquisition offer for Mediobanca (24 January 2025) has improved the outlook to positive, from stable, on the long-term deposit and senior unsecured debt ratings, affirming all bank’s ratings.
** Fitch (25 October 2024): the rating agency has upgraded the Bank’s ratings by 1 notch, raising the Long-Term Issuer Default Rating to “BB+” from “BB”, and the Viability Rating to “bb+” from “bb”. The outlook has been improved to positive.
*** DBRS Ratings GmbH (15 April 2024): Morningstar DBRS has upgraded the Bank's ratings by two notches, leading the standalone Intrinsic Assessment rating, the Long-Term Issuer rating and the Long-Term Senior Debt rating to “BB (high)” from “BB (low)”, and the Long-Term Deposit rating to “BBB (low)” from “BB”. The subordinated debt rating has been upgraded by 3 notches to “BB (low)” from “B (low)”.
**** Long-Term Senior Unsecured Debt Rating
***** Outlook on the long-term deposit and senior unsecured debt ratings