Home » Economy » illimity Bank Spa Receives Moody’s Investment Grade Ratings for the First Time

illimity Bank Spa Receives Moody’s Investment Grade Ratings for the First Time

by Alexandra Hartman Editor-in-Chief

2024-01-16 17:40:10

(Alliance News) – illimity Bank Spa announced on Tuesday that the rating agency Moody’s Investors Service has assigned its ratings to the bank for the first time.

Specifically, the long-term and short-term deposit ratings are “Baa3” and “Prime-3”, respectively, in the investment grade category.

The long-term ratings of the senior debt and the issuer are both ‘Ba1’, with a stable outlook.

illimity Bank closed Tuesday’s session in the red by 1.2 percent at 5.15 euros per share.

By Maurizio Carta, journalist at Alliance News

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2024 Alliance News IS Italian Service Ltd. All rights reserved.

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