S&P affirms Banco Bilbao Vizcaya Argentaria SA's ratings-DJ


Thursday, 24 Jul 2014 12:21pm EDT 

Banco Bilbao Vizcaya Argentaria SA:Standard & Poor's Ratings Services said that it affirmed its BBB/A-2 long- and short-term counterparty credit ratings on Spain-based Banco Bilbao Vizcaya Argentaria SA (BBVA)-DJ.The outlook on the long-term rating remains stable.The affirmation follows BBVA's announcement on July 21, that it has reached an agreement to acquire Spanish Banking Restructuring Fund's stake in Spanish bank Catalunya Banc for a total consideration of about 1,187 million euros.