trending Market Intelligence /marketintelligence/en/news-insights/trending/1FrFbnimo2IP2v3TiHYbOQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

DBRS upgrades Italian lender Creval

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

DBRS upgrades Italian lender Creval

DBRS on March 13 upgraded the long- and short-term issuer ratings of Credito Valtellinese SpA to BB (high)/R-3 from BB/R-4.

The rating agency also upgraded the Italy-based lender's long- and short-term deposit ratings to BBB (low)/R-2 (middle), its long-term senior debt rating to BB (high) and its short-term debt rating to R-3. Creval's intrinsic assessment is now BB (high), while its support assessment remains at SA3.

The trend on all ratings is now stable.

DBRS said the upgrade takes into account Creval's significant progress in reducing its large stock of nonperforming exposures, primarily through disposals and NPE securitizations.

The upgrade also reflects the agency's view that Creval's strengthened capital ratios following its capital raise in March 2018 and the approval from the Italian central bank to use internal credit risk models puts the bank in a stronger position to fast-track plans to reduce its NPEs.