trending Market Intelligence /marketintelligence/en/news-insights/trending/rQBi56MlgAfA2ftVgEuDyQ2 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

S&P downgrades short-term issuer credit rating of Axa's Belgian unit

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

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

S&P downgrades short-term issuer credit rating of Axa's Belgian unit

S&P Global Ratings on Dec. 20 downgraded Axa Bank Belgium SA's short-term issuer credit rating to A-1 from A-1+.

S&P affirmed the Axa unit's A+ long-term issuer credit rating, with a stable outlook.

The rating agency said it has revised its view on the Belgium lender's strategic importance to the Axa group to strategically important from highly strategic. As a result, the downgrade of the short-term rating is based on S&P's view that it no longer assumes the parent company's exceptional liquidity to be available to the unit in case of distress.

The stable outlook on the long-term rating reflects the agency's expectation that over the next two years, Axa Bank Belgium will remain a strategically important bank subsidiary for the parent.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.