Report
EUR 159.06 For Business Accounts Only

Moody's affirms ratings on Bankia; outlook developing

Rating Action: Moody's affirms ratings on Bankia; outlook developing. Global Credit Research- 05 Jul 2017. Madrid, July 05, 2017-- Moody's Investors Service has today affirmed Spain-based Bankia, S.A.' s Baa3 long-term deposit and Ba1 senior debt ratings as well as the bank's Baseline Credit Assessment and adjusted BCA at ba2, its short-term deposit ratings at Prime-3 and its Not Prime short-term senior programme ratings.
Underlying
Bankia S.A.

Bankia is a financial institution based in Spain. Co. is primarily engaged in operations in the banking sector. Co.'s business operations are structured into seven areas: Retail Banking, Business Banking, Private Banking, Asset Management and Bancassurance, Capital Markets and Holdings. Co. offers financial products and services to various customer segments, such as individuals, small and medium enterprises, large corporations, as well as public and private institutions. As of Dec 31 2014, Co. had total assets and total customer deposits of Euro233,648,603,000 and Euro106,806,698,000 respectively.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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