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Fitch Downgrades Banca Popolare dell Emilia Romagna Sc's Long and Short-Term Ratings


Friday, 26 Jul 2013 01:24pm EDT 

Banca Popolare dell Emilia Romagna Sc announced that the rating agency Fitch within the various rating actions taken on Italian mid-sized banks, has downgraded the Bank's long-term rating to BB+ from BBB, the short-term rating to B from F3 and the Viability rating to bb+ from bbb. The Support rating and the Support rating floor has been affirmed respectively to 3 and BB+. The outlook remains negative. 

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