Morningstar DBRS raises Bankinter’s outlook from ‘stable’ to ‘positive’ but maintains “A” rating

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Alphavalue/ Divacons | On Friday, the rating agency Morningstar DBRS improved its outlook on Bankinter, raising its outlook from ‘stable’ to ‘positive’. Despite this improvement in the forecasts, the agency has decided to maintain the entity’s rating unchanged, reaffirming it at “A”.

The agency justified the improvement in Bankinter’s outlook on the basis that the bank is well positioned to sustain robust levels of profitability in the medium term, and on the basis of its asset quality metrics, which remain solid compared to its peers.

The maintenance of the “A” rating reflects the agency’s assessment of Bankinter’s ability to meet its long-term financial obligations with a level of risk considered low within the category.

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