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DBRS revises CaixaBank's trend

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DBRS revises CaixaBank's trend

DBRS on April 13 changed to stable from positive the trendon CaixaBank SA's A(low) unsecured long-term debt and deposit rating and A (high) long-termcritical obligations rating.

The rating agency attributed the change to the in Spain's trend,noting that CaixaBank's ratings are aligned with that on the sovereign.

In addition to confirming the long-term ratings, the agencyalso confirmed the bank's R-1 (low) short-term debt and deposit rating and R-1(middle) short-term critical obligations rating, with stable trends. The bank'sintrinsic assessment remains at A (low) and its support assessment at SA3.