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Corporate

Moody’s upgrades Banco Sabadell's rating by two notches


18/06/2015

On 17 June 2015, Moody’s Investor Service concluded the ratings review it initiated on 17 March 2015 as a result of the publication of its new methodology and revision of government support considerations.

The credit rating agency has upgraded Banco Sabadell's long-term deposit rating by two notches to Baa3 (from Ba2) and its senior unsecured debt ratings by one notch to Ba1 (from Ba2).

The short-term deposit ratings were upgraded to P3 (from Not-Prime) and the short-term senior debt ratings were affirmed at Not-Prime.

The outlook is now stable.

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Banco de Sabadell, S.A. Avenida Óscar Esplá, 37, 03007 Alicante, registered with the Mercantile Register in Alicante, tome 4070, folio 1, page A-156980, Fiscal Identification Number (NIF) A08000143.
Financial institution under the supervision of the Bank of Spain and registered in the Special Administrative Register under number 0081
Email address info@bancsabadell.com - Banco de Sabadell, SA, 2014. All rights reserved.