trending Market Intelligence /marketintelligence/en/news-insights/trending/LLdaDrBTaT-9ipvFU4xBaw2 content esgSubNav
In This List

EMEA ratings roundup, Sept. 17

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


EMEA ratings roundup, Sept. 17

S&P Global Market Intelligence presents a daily summary of ratings actions on European, Middle Eastern and African financial institutions and economies.

EUROPE

* Fitch Ratings affirmed TP Icap PLC's BBB- long-term issuer default rating, with a stable outlook.

* S&P Global Ratings affirmed Banco Santander Totta SA's BBB/A-2 long- and short-term issuer credit and resolution counterparty ratings and revised the outlook on the long-term issuer credit rating to positive from stable. At the same time, the rating agency affirmed Banco BPI SA's BBB/A-2 long- and short-term issuer credit and resolution counterparty ratings. The outlook on the Portuguese lender's long-term issuer credit rating is stable.

* Moody's affirmed Skandiabanken AB (publ)'s A2/P-1 long- and short-term bank deposit ratings, its "baa2" baseline and "a3" adjusted baseline credit assessments, Aa3/P-1 long- and short-term counterparty risk ratings and Aa3(cr)/P-1(cr) long- and short-term counterparty risk assessments. The outlook on the Swedish lender's long-term bank deposit rating remains stable.

* Fitch upgraded Russia-based Expobank LLC's long-term foreign- and local-currency issuer default ratings to BB- from B+ and its viability rating to "bb-" from "b+," and removed the ratings from Rating Watch Evolving. The outlook on the long-term issuer default ratings is stable. Its short-term issuer default rating, support rating and support rating floor were affirmed at B, 5, and No Floor, respectively.

AFRICA

* Capital Intelligence Ratings affirmed Crédit du Maroc SA's BBB-/A3 long- and short-term foreign-currency ratings. The agency also assigned the Moroccan lender a bank standalone rating and core financial strength rating of "bb+" and an extraordinary support level of High. The outlook on the long-term foreign-currency rating and bank standalone rating is stable.

Links are current as of publication time, and we are not responsible if those links are unavailable later.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.