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Bper Banca
Regulatory Filings • Jan 20, 2025
4395_rns_2025-01-20_6bf99d42-70ca-4136-9b29-9d72460119b8.pdf
Regulatory Filings
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| Informazione Regolamentata n. 0043-4-2025 |
Data/Ora Inizio Diffusione 20 Gennaio 2025 17:39:44 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | BPER | |
| Identificativo Informazione Regolamentata |
: | 200488 | |
| Utenza - Referente | : | BPERN04 - Anselmi Eleonora | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 20 Gennaio 2025 17:39:44 | |
| Data/Ora Inizio Diffusione | : | 20 Gennaio 2025 17:39:44 | |
| Oggetto | : | Fitch revises Bper Banca's Outlook to Positive from Stable and affirms Long-Term IDR 'BBB-' |
|
| Testo del comunicato |
Vedi allegato
PRESS RELEASE
FITCH REVISES BPER BANCA'S OUTLOOK TO POSITIVE FROM STABLE AND AFFIRMS LONG-TERM IDR 'BBB-'
Modena, 20 January 2025 – BPER Banca informs that Fitch Ratings has revised the outlook on the Bank's Long-Term Issuer Default Rating (IDR) to Positive from Stable and affirmed the Long-Term Issuer Default Rating (IDR) as Investment Grade at 'BBB-' and the Viability Rating (VR) at 'bbb-'.
The Positive Outlook reflects Fitch Ratings' expectation that BPER's credit profile will benefit from the ongoing realisation of synergies from its enlarged and stabilised franchise after past acquisitions. This should sustainably enhance the Bank's earnings generation and resilience through larger business volumes and stronger contribution from fee-based wealth management and insurance activities. Fitch Ratings expects BPER to also benefit from more business opportunities and firmer growth prospects offered by Italy's improving operating environment.
| Rating Class | Previous Rating | Current rating |
|---|---|---|
| Long-term Issuer Default Rating (outlook) | BBB- (Stable) | BBB- (Positive) |
| Short-term Issuer Default Rating | F3 | F3 |
| Viability Rating | bbb- | bbb |
| Subordinated | BB | BB |
| Long-term Deposits | BBB | BBB |
| Senior preferred | BBB- | BBB |
| Senior non-preferred | BB+ | BB+ |
| Short-term Deposits | F3 | F3 |
The key ratings assigned by Fitch Ratings to BPER Banca are listed below:
Fitch Ratings' press release with a full list of the ratings assigned to BPER Banca can be found on the rating agency's website (fitchratings.com).
BPER Banca S.p.A.
BPER Banca S.p.A., Head Office in Via San Carlo 8/20, Modena – Tax Code and Modena Companies Register No. 01153230360 – Company belonging to the BPER BANCA GROUP VAT, VAT No. 03830780361 – Share capital Euro 2,121,637,109.40 – ABI Code 5387.6 – Register of Banks No. 4932 – Member of the Interbank Deposit Guarantee Fund and of the National Guarantee Fund – Parent Company of the BPER Banca S.p.A. Banking Group – Register of Banking Groups No. 5387.6 – Tel. +39 059.2021111 – Telefax +39 059.2022033 – e-mail: [email protected] – Certified e-mail (PEC): [email protected] – bper.it – group.bper.it
Contacts:
Investor Relations [email protected] External Relations [email protected]
This press release is also available in the EmarketStorage system.