Moody's Investors Service upgrades LT- foreign currency credit rating of Banca Nazionale del Lavoro (BNL) to "A3" from "Baa1"; outlook negative

December 12, 2016 - CBonds

 

Moody's Investors Service upgraded to "A3" from "Baa1" the LT- foreign currency credit rating of Banca Nazionale del Lavoro (BNL) on December 9, 2016. The outlook is negative.
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Issuer: Banca Nazionale del Lavoro (BNL)
Issuer profile:
As of October 1, 2007, Banca Nazionale del Lavoro SpA was acquired by BNP Paribas. Banca Nazionale del Lavoro S.p.A. provides banking and financial services to households, enterprises, and public sec... more
Outstanding issues:
1 issuesUSD3,503,000
109 issuesEUR15,296,243,700
Issuer rating:
Moody's Investors ServiceA3/NegativeLT- foreign currency12/09/2016
Moody's Investors ServiceA3/NegativeLT- local currency12/09/2016
Fitch RatingsBBB+/StableLT Int. Scale (foreign curr.)04/27/2017