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Article: MOODY'S UPGRADES BANCO SANTANDER'S FINANCIAL STRENGTH TO C; LOCAL CURRENCY DEPOSITS TO A2
- Article from:
- Info-Prod Research (Middle East)
- Article date:
- November 18, 2008
CopyrightCopyright 2008 Info-Prod Research (Middle East). Provided by ProQuest LLC. (Hide copyright information)
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Moody's Investors Service upgraded to Cfrom C- (C minus) the bank
financial strength rating (BFSR) assigned toBanco Santander
S.A.(Santander). The rating agency also raisedSantander's global
local currency deposit rating to A2 from A3, with astable outlook,
and short-term rating to Prime-1 from Prime-2. TheBa2/Not Prime
global foreign currency deposit ratings, currentlyconstrained by the
foreign currency deposit ceiling, and Aaa.br/BR-1Brazilian national
scale deposit ratings for Santander were affirmed. Ina corresponding
action, Moody's withdrew ratings for Banco ABN AMRO RealS.A. (Banco
Real). The existing long-term foreign currency junior subordinated
debt rating of Baa3 assigned to ...
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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 ...
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