We expect Banca Sella Holding SpA's (Sella Group's) diversified business model, conservative risk approach and sustained investment in innovation will contribute to its overall resilience and operating performance. In addition, the bank?s good track record in managing financial and nonfinancial risks supports its creditworthiness. We therefore assigned our 'BBB-/A-3' long- and short-term issuer credit ratings to Sella Group. The stable outlook reflects our view that the bank will continue to execute its prudent business strategy and further consolidate its digital proposition, while maintaining sound asset quality and solvency metrics. On June 27, 2025, S&P Global Ratings assigned its 'BBB-/A-3' long- and short-term issuer credit ratings to Banca Sella Holding SpA (Sella Group). We also assigned our ?BBB/A-2? long- and short-term
