S&P upgrades its credit ratings on Banco Bilbao Vizcaya Argentaria

Wednesday, 4 Jun 2014 01:36pm EDT 

Banco Bilbao Vizcaya Argentaria SA:Standard & Poor’s Ratings Services has upgraded its long-term Issuer Credit Rating (ICR) on company to BBB from BBB-.Outlook stable.S&P has affirmed Stand-Alone Credit Profile (SACP) at bbb+.S&P has upgraded short-term credit rating to A-2 from A-3, subordinated debt rating to BBB- from BB+, and preference shares rating to BB from BB-.