Banco BPI S.A.: Update following rating action; outlook changed to stable
Our credit view of this issuer reflects its better-than-average asset-risk metrics sound capital levels and improved domestic profitability metrics.Banco BPI is the parent company of a commercial banking group based in Portugal. Co. is engaged in retail and commercial banking and related financial activities, offering deposit, credit and investment services, asset management, underwriting and security dealings; real estate investment funds, securities investment funds and pension funds, and investment banking activities such as securities brokerage in the capital markets. Through its subsidiaries, Co. is also engaged in financial real estate and vehicle leasing, factoring, insurance, management and financial consultancy.
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