Caixabank CEO warns banking tax will reduce volume of credit and make it more expensive
Link Securities | Caixabank (CABK) informed the National Securities Market Commission (CNMV) that the rating agency Fitch Ratings Europe Limited (Fitch) has upgraded the following credit ratings of the Bank: Long-term issuer rating to A- from BBB+. Senior preferred debt rating to A from A-. Non-preferred senior debt rating to A- from BBB+. Subordinated Tier 2 debt rating to BBB from BBB-. Derivatives counterparty rating to A(dcr) from A-(dcr). Long-term…
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