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Bper Banca Capital/Financing Update 2023
4395_rns_2023-07-18_3747b600-1d72-48fe-96a6-288d2b0911d3.pdf
Capital/Financing Update
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PRESS RELEASE
DBRS MORNINGSTAR CONFIRMS ALL RATINGS OF BPER BANCA
Modena, 18 July 2023 – BPER Banca informs that the rating agency DBRS Morningstar has confirmed all ratings of BPER Banca. The trend on all ratings is Stable. The key ratings assigned are listed below:
| Rating Class | Rating | Rating action | Trend |
|---|---|---|---|
| Long-Term Issuer Rating | BBB | Confirmed | Stable |
| Short-Term Issuer Rating | R-2 (high) | Confirmed | Stable |
| Long-Term Senior Debt | BBB | Confirmed | Stable |
| Short-Term Debt | R-2 (high) | Confirmed | Stable |
| Long-Term Deposits | BBB (high) | Confirmed | Stable |
| Short-Term Deposits | R-1 (low) | Confirmed | Stable |
| Subordinated Debt | BB (high) | Confirmed | Stable |
| Senior Non-Preferred Debt | BBB (low) | Confirmed | Stable |
The confirmation of the ratings and the Stable trend reflect the Bank's stronger competitive position and geographical diversification across the country. The rating action considers the successful management of the integrations following the recent acquisitions and the continued progress in asset quality.
The capital, liquidity and funding positions were deemed adequate.
DBRS Morningstar's press release with a full list of the ratings assigned to BPER Banca can be found on the rating agency's website (dbrsmorningstar.com).
BPER Banca S.p.A.
Contacts:
Investor Relations [email protected] External Relations [email protected]
www.bper.it – istituzionale.bper.it
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