DBRS on Oct. 8 upgraded Portuguese bank Caixa Geral de Depósitos SA's long- and short-term deposit ratings to BBB(high)/R-1 (low), following the upgrade of Portugal's long- and short-term issuer ratings.
The trends on all the ratings are stable.
The agency also upgraded CGD France branch's long- and short-term deposit ratings to BBB(high)/R-1 (low), with stable trends on the ratings.
