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European ratings roundup through May 9

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European ratings roundup through May 9

S&P Global Market Intelligence presents a weekly overviewof ratings actions on European financial institutions and economies. Ratings actionsare listed by announcement date in reverse chronological order.

May 9

* Fitch Ratings A-/F2 long- and short-term issuerdefault ratings to Santander ConsumerFinance SA unit SantanderConsumer Bank AS. The outlook on the long-term rating is stable. Fitch also assigned a "bbb+"viability rating and a support rating of 1 to the bank.

* Fitch affirmedthe long- and short-term issuer default ratings of Ulster Bank Ltd. and UlsterBank Ireland Ltd. at BBB+/F2 and BBB/F2, respectively. The banks' viabilityratings were affirmed at "bb." The outlook on both lenders' long-termissuer default ratings is stable.

* Moody's affirmed 's baselineand adjusted baseline credit assessments at "baa3," its long- and short-termdeposit ratings at Baa3/P-3, its long- and short-term senior unsecured rating at(P)Baa3/(P)P-3, and its counterparty risk assessment at A3(cr)/P-2(cr). The outlookon the long-term deposit ratings remains positive.

* Moody's confirmed the B1 long-termdeposit rating, "b1" baseline and adjusted baseline credit assessmentsand Ba3(cr) long-term counterparty risk assessment of AS Expobank. The outlook on the long-term deposit ratingis stable.

May 6

* Moody's BankoaSA's deposit ratings to Baa2/Prime-2 from Baa3/Prime-3. The outlookon the long-term deposit ratings is stable.At the sametime, the agency upgraded the bank's baseline credit assessment to "ba1"from "ba2," its adjusted baseline credit assessment to "baa2"from "baa3" and its long-term counterparty risk assessment to Baa1(cr)from Baa2(cr).

* Moody's affirmed 's baselineand adjusted baseline credit assessment at "a3," its long- and short-termdeposit ratings at A2/P-1, and its counterparty risk assessment at Aa3(cr)/P-1(cr).The agency changed the outlook on the long-term deposit and senior unsecured debtratings to stable from positive.

* Fitch downgraded 's long-termissuer default rating to BBB- from BBB and its short-term issuer default ratingto F3 from F2. Crown Agents Bank's viability rating was downgraded to "bbb-"from "bbb." The agency maintained the bank's ratings on Rating Watch Negative.

* Fitch affirmedthe BBB+/F2 long- and short-term issuer default ratings of Royal Bank of Scotland Group Plc, Royal Bank of Scotland Plc, National Westminster Bank Plc, Royal Bank of Scotland International Ltd., and The outlookson all long-term issuer default ratings are stable.

* Fitch affirmedthe Netherlands' long-term foreign- and local-currency issuer default ratings atAAA, with a stable outlook. The AAA country ceiling and its F1+ short-term foreign-currencyissuer default rating were also affirmed.

* Fitch affirmedLatvia's long-term foreign- and local-currency issuer default ratings at A-, withstable outlooks, its AAA country ceiling and its F1 short-term foreign-currencyissuer default rating.

May 5

* Fitch affirmed 's long-term issuerdefault rating at B+ and revised the outlook on the rating to stable from negative.

* Fitch affirmedKutxabank SA's BBB/F3long- and short-term issuer default ratings and its "bbb" viability rating.The outlook is positive.

* Fitch affirmedLiberbank SA's long- andshort-term issuer default ratings at BB/B and its viability rating at "bb."The outlook on the long-term issuer default rating is stable.

* Fitch affirmedParagon Group of Cos. Plc'long-term issuer default rating at BBB-, with a stable outlook.

May 4

* Fitch affirmedABANCA Corporación Bancaria SA'sBB+/B long- and short-term issuer default ratings and its "bb+" viabilityrating. The outlook on the long-term issuer default rating is stable.

* Fitch affirmedIbercaja Banco SA's long-and short-term issuer default ratings at BB+/B and its viability rating at "bb+."The ratings outlook is positive.

* Fitch affirmedGrupo Cooperativo Cajamar'sBB-/B long- and short-term issuer default ratings and its "bb-" viabilityrating. The outlook on the long-term issuer default rating is stable.

* Fitch affirmed Unicaja Banco SA's long- and short-term issuer default ratingsat BBB-/F3 and its viability rating at "bbb-." The outlook on the long-termissuer default rating is stable.

* Fitch affirmedLa Banque Postale's long-termissuer default rating and long-term senior debt rating at A-, with a stable outlookon the long-term issuer default rating. The bank's F1 short-term issuer defaultrating and its "a-" viability rating were also affirmed.

May 3

* Moody's Santander Consumer Bank long- and short-term local-and foreign-currency deposit and issuer ratings of A3/Prime-2, with stable outlooks.

* Deutsche Apotheker- und Ärztebank eG terminated its ratings contract with Moody's following areview of its ratings relationship with the agency and S&P Global Ratings.

S&P Global Ratings and S&P Global Market Intelligenceare owned by S&P Global Inc.