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DBRS revises trend on BB&T to positive

DBRS has confirmed its long-term issuer rating of A (high) and its short-term issuer rating of R-1 (low) on BB&T Corp.

DBRS has also confirmed the ratings of BB&T unit Branch Banking and Trust Co.

The trend on all ratings were revised to positive from stable.

The ratings confirmation and positive trend reflect, among other things, the Winston-Salem, N.C.-based bank's established banking franchise and its continuous financial performance that is better than peers, the rating agency said.