Report
EUR 159.06 For Business Accounts Only

Moody's upgrades Unicaja's deposit ratings to Ba2; outlook positive

Rating Action: Moody's upgrades Unicaja's deposit ratings to Ba2; outlook positive. Global Credit Research- 05 Jul 2017. Madrid, July 05, 2017-- Moody's Investors Service has today upgraded the following ratings and assessments of Unicaja Banco: the bank's long-term deposit ratings to Ba2 from Ba3; the bank's baseline credit assessment and adjusted BCA to ba3 from b1; and the bank's Counterparty Risk Assessment to Baa3/ Prime-3 from Ba1/ Not Prime.
Underlying
Unicaja Banco S.A.

Unicaja Banco SA is a Spain-based financial institution (the Bank) engaged in the banking sector. The Bank offers services to individual and business customers. Its products and services range includes current and savings accounts, debit and credit cards, consumer and commercial loans, real estate credit, securities brokerage, funds management, leasing, factoring, pension plans, life and non-life insurance, international trade financing, money transfer, as well as treasury, among others. The Bank operates a number of branches in Spain and Morocco. The Bank is controlled by Fundacion Bancaria Unicaja.

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
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    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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