DBRS Confirms Bankia at BBB (high), Stable Trend
DBRS Ratings Limited (DBRS) has confirmed Bankia S.A.’s (Bankia or the Bank) ratings including the Long-Term Issuer Rating of BBB (high), the Short-Term Issuer Rating of R-1 (low), the Long Term Critical Obligations Rating (COR) of A, and the Short-Term COR of R-1 (low). The Trend on all ratings remain Stable. The Bank’s Intrinsic Assessment (IA) remains at BBB (high) and the support assessment remains SA3. See the full list of ratings at the end of this press release.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
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