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S&P Global Ratings raised Banco Sabadell’s long-term credit rating to BBB-


27/06/2017

On 27 June 2017, S&P Global Ratings raised Banco Sabadell’s long-term credit rating to BBB- from BB+ and its short-term rating to A-3 from B, with the outlook remaining positive.

The rating action reflects the belief of S&P Global Ratings that Banco Sabadell has continued to strengthen its solvency and that it continues to make progress in de-risking its balance sheet.

Additionally, S&P Global Ratings raised its rating of Banco Sabadell’s non-deferrable subordinated debt and preferred shares by two notches to BB and B, respectively. 

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Banco de Sabadell, S.A. Plaza Sant Roc, 20 08201 Sabadell. Inscribed in the Mercantile Registry of Barcelona, ​​page B-1561., NIF A08000143.
Financial institution under the supervision of the Bank of Spain and registered in the Special Administrative Register under number 0081
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