Moody's affirms Banco Bilbao Vizcaya Argentaria SA's ratings at Baa2; outlook positive-DJ
Banco Bilbao Vizcaya Argentaria SA:Moody's Investors Service affirmed the long-term senior debt and deposit ratings of Banco Bilbao Vizcaya Argentaria (BBVA) at Baa2 and its short-term ratings at Prime-2-DJ.This follows the affirmation of the bank's standalone bank financial strength rating (BFSR) at C- (equivalent to a baa2 baseline credit assessment [BCA]).The outlook on the bank's debt and deposit ratings remains positive, while the BFSR continues to carry a stable outlook.Concurrently, Moody's has affirmed BBVA's Baa3 subordinated debt and Ba3(hyb) hybrid ratings.
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