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Provider: Thomson Reuters StreetEvents
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Moody’s Affirms Its Credit Ratings On CaixaBank SA-DJ


Friday, 5 Jul 2013 11:51am EDT 

Dow Jones reported that Moody’s has affirmed CaixaBank SA's debt and deposit ratings at Baa3/ Prime-3, and its standalone bank financial strength rating (BFSR) at D+ (equivalent to a ba1 baseline credit assessment or BCA). All ratings have a negative outlook. The affirmation of the ratings reflects the Company's capacity to maintain adequate risk-absorption capacity despite ongoing negative asset-quality trends against the backdrop of a weak operating environment and very low interest rates, both of which will continue to put pressure on the Bank's recurring earnings power. 

Company Quote

4.703
0.095 +2.06%
11:35am EDT