BBVA Bancomer, S.A. - Moody's Global Credit Research

BBVA Bancomer, S.A.

10 pages (5475 words) — Published Nov 18, 2014
Price $150.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...Category Moody's Rating Outlook Stable(m) Bank Deposits -Fgn Curr A3/P-2 Bank Deposits -Dom Curr A2/P-1 NSR Bank Deposits -Dom Curr Aaa.mx/MX-1 Bank Financial Strength C- Baseline Credit Assessment baa1 Adjusted Baseline Credit Assessment baa1 Senior Unsecured -Dom Curr A2 NSR Senior Unsecured -Dom Curr Aaa.mx Subordinate -Dom Curr Baa2 NSR Subordinate -Dom Curr Aa1.mx Ult Parent: Banco Bilbao Vizcaya Argentaria, S.A. Outlook Positive(m) Bank Deposits Baa2/P-2 Bank Financial Strength C- Baseline Credit Assessment baa2 Adjusted Baseline Credit Assessment baa2 Issuer Rating Baa2 Senior Unsecured MTN -Dom Curr (P)Baa2 Subordinate -Dom Curr Baa3 Other Short Term -Dom Curr (P)P-2...

  
Report Type:

Credit Opinion

Company:
Issuer
BBVA Bancomer, S.A.
Format:
PDF Adobe Acrobat
Buy Now

Moody's Rates BBVA Bancomer's Loss Absorbing Tier 2 Capital Securities at Baa3 (hyb) - New Issue – 2014/12/04 – $150.00 – ...+ We have assigned a Baa3 (hyb) rating to the $200 million cumulative, non-convertible, dated Tier 2 subordinated capital notes issued by BBVA Bancomer, S.A. through its Texas agency, BBVA Bancomer, S.A. Texas Agency. + These US dollar-denominated, dated securities have a maturity of 15 years (non-call 10) and are: (i) subordinated and junior in right of payment and in liquidation to all of BBVA Bancomer's present and future senior indebtedness; (ii) pari passu with all other unsecured subordinated preferred indebtedness; and (iii) senior to subordinated non- preferred indebtedness and to all classes of capital stock. + The capital notes are Basel III-compliant, and the terms and conditions have been defined to qualify the instrument as Tier 2 capital. + The securities' principal is subject to a partial or full write-down on a contractual basis if the bank's Common Equity Tier 1 (CET1) ratio falls below 4.5%, which we view as close to the point of non-viability. + The Baa3 (hyb) rating...

BBVA Bancomer, S.A. - Banking Statistics – 2014/04/10 – $300.00

Moody's assigns A2 to BBVA Bancomer's senior debt notes - Rating Action – 2014/04/03 – $150.00 – Global Credit Research Rating Action 3 APR 2014 Rating Action: BBVA Bancomer, S.A. Texas Agency Moody's assigns A2 to BBVA Bancomer's senior debt notes Mexico, April 03, 2014 -- Moody's Investors Service assigned an A2 long-term senior...

Moody's takes rating actions on Mexican banks - Rating Action – 2014/02/12 – $150.00 – Global Credit Research Rating Action 12 FEB 2014 Rating Action: BBVA Bancomer, S.A. Texas Agency Moody's takes rating actions on Mexican banks Mexico, February 12, 2014 -- Moody's Investors Service today upgraded to A3, from Baa1,...

Moody's toma acciones de calificación sobre bancos mexicanos - Rating Action – 2014/02/12 – $150.00 – Global Credit Research Rating Action 12 FEB 2014 Rating Action: BBVA Bancomer, S.A. Texas Agency Moody's toma acciones de calificacin sobre bancos mexicanos Mexico, February 12, 2014 -- El día de hoy, Moody's Investors Service...

BBVA Bancomer, S.A. - Banking Statistics – 2013/09/23 – $300.00

More from Moody's Global Credit Research

Moody's Global Credit Research—Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

About the Author


Cite this Report

  
MLA:
Moody's Global Credit Research. "BBVA Bancomer, S.A." Nov 18, 2014. Alacra Store. Dec 21, 2014. <http://www.alacrastore.com/moodys-credit-research/BBVA-Bancomer-S-A-COP_600012042>
  
APA:
Moody's Global Credit Research. (). BBVA Bancomer, S.A. Nov 18, 2014. New York, NY: Alacra Store. Retrieved Dec 21, 2014 from <http://www.alacrastore.com/moodys-credit-research/BBVA-Bancomer-S-A-COP_600012042>
  
$150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.