Banca MPS: S&P's lowers rating

Banca Monte dei Paschi di Siena informs that the International ratings agency Standard&Poor’s has lowered BMPS’ ratings. Specifically, the agency revised down its assessment of MPS’ Stand Alone Credit Profile (SACP) to ‘b’ from ‘b ’ and its long term rating to ‘BB’ from ‘BB ’. Outlook remains on CreditWatch negative. The bank's short-term rating, ‘B’, has been affirmed. The full version of Standard&Poor’s press release can be viewed on the rating agency’s website www.standardandpoors.com.