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


06/04/2018

Please find attached the press release published in the CNMV website, confirming that, as of today, S&P Global Ratings has raised Banco Sabadell’s long-term credit rating to BBB from BBB- and its short-term rating to A-2 from A-3. The outlook is stable.

This rating upgrade is based on the improvement of Banco Sabadell’s credit quality in the context of a lower industry risk for the Spanish banking system mainly supported by the deleveraging of the latter as well as an improvement in investor confidence in the sector.

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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.