Reuters logo
Fitch downgrades Italy's Credito Valtellinese
July 10, 2014 / 4:57 PM / 3 years ago

Fitch downgrades Italy's Credito Valtellinese

MILAN, July 10 (Reuters) - Rating agency Fitch said on Thursday it had cut its rating for Italian bank Credito Valtellinese to ‘BB’ from ‘BB+’ with a stable outlook.

Following a review of Italian mid-sized lenders, the agency also said it had confirmed the long-term ratings of Credito Emiliano, Banca Popolare di Sondrio, Banca Popolare dell‘Emilia Romagna, Banca Popolare di Milano e Banca Carige. The outlooks remained negative for all these lenders.

Reporting by Francesca Landini

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below