Fitch Ratings downgrades LT Int. Scale (foreign curr.) credit rating of Banca Nazionale del Lavoro (BNL) to "BBB+"; outlook stable

May 02, 2017 - CBonds

 

Fitch Ratings downgraded from "A-" to "BBB+" the LT Int. Scale (foreign curr.) credit rating of Banca Nazionale del Lavoro (BNL) on April 27, 2017. The outlook is stable.
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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