S&P Global Ratings improves UniCredit's outlook
UniCredit Spa -says S&P Global Ratings improves rating outlook from stable to positive and affirms the issuer credit rating and senior preferred rating at 'A-'.
Stand-alone credit profile has also been affirmed to 'a-' while long and short term resolution counterparty ratings have been affirmed to 'A' and 'A-1' respectively.
UniCredit says: "In S&P's view, UniCredit ratings are supported by the bank's solid, geographically diversified franchise across Europe, its robust earnings generation, solid liquidity, and sound asset quality."
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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