DBRS Upgrades Banco Bilbao Vizcaya Argentaria, S.A. Senior Debt to A (high); Stable trend
DBRS Ratings Limited (DBRS) has upgraded Banco Bilbao Vizcaya Argentaria, S.A. (BBVA or the Group)’s Long-Term Issuer ratings to A (high) from A and the Short-Term Issuer rating to R-1 (middle) from R-1 (low). The Long Term Critical Obligations rating was also upgraded to AA (low) and the Short Term Critical Obligations rating was confirmed at R-1 (middle). The trends on all ratings is stable. The Group’s intrinsic assessment (IA) was upgraded to A (high). The support assessment remains SA3 and as such, the Long-Term ratings are positioned in line with the Group’s IA. See the full list of ratings at the end of this press release.
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