Rating Actions Taken On 32 Italian Financial Institutions On Increased Credit Risk In Italy's Economy - S&P Global Ratings’ Credit Research

Rating Actions Taken On 32 Italian Financial Institutions On Increased Credit Risk In Italy's Economy

Rating Actions Taken On 32 Italian Financial Institutions On Increased Credit Risk In Italy's Economy - S&P Global Ratings’ Credit Research
Rating Actions Taken On 32 Italian Financial Institutions On Increased Credit Risk In Italy's Economy
Published Aug 03, 2012
1537 words — Published Aug 03, 2012
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Abstract:

LONDON (Standard&Poor's) Aug. 3, 2012--Standard&Poor's Ratings Services today said it has taken rating actions on 32 Italian financial institutions. These include affirming our counterparty credit ratings on 15 entities, lowering our ratings on 15, removing the ratings on four from CreditWatch negative, and revising the outlook on one. The rating actions reflect our view of increased credit risk for the Italian economy and its banks. They follow our revision of our economic risk score for Italy, one of the main components of our Banking Industry Country Risk Assessment (BICRA), to '5' from '4'. We have maintained our BICRA for Italy at group '4' and our industry risk score at '4' (see "BICRA On Italy Maintained At

  
Brief Excerpt:

RESEARCH Rating Actions Taken On 32 Italian Financial Institutions On Increased Credit Risk In Italy's Economy Publication date: 03-Aug-2012 LONDON (Standard & Poor's) Aug. 3, 2012--Standard & Poor's Ratings Services today said it...

  
Report Type:

Ratings Action

Ticker
UC@IM
Issuer
UniCredit SpA
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Italy
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Rating Actions Taken On 32 Italian Financial Institutions On Increased Credit Risk In Italy's Economy" Aug 03, 2012. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rating-Actions-Taken-On-32-Italian-Financial-Institutions-On-Increased-Credit-Risk-In-Italy-s-Economy-997959>
  
APA:
S&P Global Ratings’ Credit Research. (). Rating Actions Taken On 32 Italian Financial Institutions On Increased Credit Risk In Italy's Economy Aug 03, 2012. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rating-Actions-Taken-On-32-Italian-Financial-Institutions-On-Increased-Credit-Risk-In-Italy-s-Economy-997959>
  
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