|
|
Article: BRAZIL: MOODY'S UPGRADES BANCO SANTANDER'S FINANCIAL STRENGTH TO C; LOCAL CURRENCY DEPOSITS TO A2.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- November 18, 2008
CopyrightCOPYRIGHT 2008 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Moody's Investors Service upgraded to C from C- (C minus) the bank financial strength rating (BFSR) assigned to Banco Santander S.A.(Santander). The rating agency also raised Santander's global local currency deposit rating to A2 from A3, with a stable outlook, and short-term rating to Prime-1 from Prime-2. The Ba2/Not Prime global foreign currency deposit ratings, currently constrained by the foreign currency deposit ceiling, and Aaa.br/BR-1 Brazilian national scale deposit ratings for Santander were affirmed. In a corresponding action, Moody's withdrew ratings for Banco ABN AMRO Real S.A. (Banco Real). The existing long-term foreign currency junior subordinated ...
Related newspaper, magazine, and journal articles:
|
|
Article: BRAZIL: MOODY'S AFFIRMS BANCO SANTANDER'S BFSR OF ...
IPR Strategic Business Information Database;
August 4, 2009 ;
700+ words
... ... perpetual bonds issued by Banco Santander -- Grand Cayman Branch ... its parent company, Banco Santander S.A. (Spain) to ... Moody's lowers Banco Santander one notch to Aa2 and ... the acquisition of Banco Real, and which enhanced ...
|
|