Financial
Banca Mps: S&P's lowers ratings
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 ‘bb ’ and its long and short-term ratings to ‘BB ’/‘B’ from ‘BBB-’/‘A-3’. Outlook is CreditWatch negative.
The full version of Standard&Poor’s press release can be viewed on the rating agency’s website www.standardandpoors.com.