Moody’s withdraws its ratings upon Cassa Centrale Banca's request

Moody’s withdraws its ratings upon Cassa Centrale Banca's request

 

Trento, 05.06.2023 - Cassa Centrale Banca (“CCB”) gives notice that it has voluntarily terminated its commercial relationship with Moody’s Investors Services (“Moody’s”), which has proceeded to withdraw its ratings of Cassa Centrale Banca effective 5 June 2023.

CCB and its bond instruments continue to be rated by DBRS Morningstar and Fitch Ratings.

Both rating agencies have recently reaffirmed the creditworthiness of Cassa Centrale Banca in the Investment Grade category.

A table with the current credit ratings can be found below:

FITCH

Ratings assigned on 22 November 2022

 

Long term

Outlook

Short term

Issuer rating

BBB-

Stable

F3

Bank deposits

BBB

-

F3

DBRS

Ratings confirmed on 1 February 2023

 

Long term

Outlook

Short term

Issuer rating

BBB (low)

Stable

R-2 (middle)

Senior debt

BBB (low)

Stable

R-2 (middle)

Bank deposits

BBB

Stable

R-2 (high)