Moody’s assigns Mediobanca Baa1 long-term rating with stable outlook

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Moody’s assigns Mediobanca Baa1 long-term rating

with stable outlook

 
Notice is hereby given that ratings agency Moody’s has assigned Mediobanca S.p.A. the following ratings:
  • Long-term issuer rating: “Baa1”, outlook stable; rating one notch higher than the Italian sovereign debt rating
  • Long-term deposit rating: “A3”, outlook negative
  • Short-term deposit rating: “P-2”
  • Baseline credit assessment: “baa3”, the highest assigned to an Italian bank
The ratings reflect the Bank’s:
  • High capital levels, as confirmed by the Baseline credit assessment, comfortably above the regulatory limits
  • Continuing earnings generation capacity due to the effective diversification of the business model as well as the asset and liability structure
  • Scrupulous risk management and undisputed asset quality
 
Milan, 23 th March 2018
Mediobanca Group