S&P Cuts BNP Paribas Long-Term Rating to 'AA-' with Stable Outlook S&P Cuts BNP Paribas Long-Term Rating to 'AA-' with Stable Outlook

S&P Cuts BNP Paribas Long-Term Rating to 'AA-' with Stable Outlook

SeeNews - The Corporate Wire 2011, Oct 17

SeeNews - The Corporate Wire
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Publisher Description

BUCHAREST (Romania), October 17 (SeeNews) - Rating agency Standard & Poor's said it cut its long-term counterparty credit rating on French bank BNP Paribas and its core subsidiaries to 'AA-' from 'AA' and affirmed its 'A-1+' short-term counterparty credit rating, with a stable outlook. S&P also affirmed its 'A+/A-1' counterparty credit ratings on BPCE, Credit Agricole S.A., Caisse Centrale du Credit Mutuel, Banque Federative du Credit Mutuel and Societe Generale, as well as on all the core subsidiaries of these banks, the rating agency said in a statement on Friday.

GENRE
Business & Personal Finance
RELEASED
2011
17 October
LANGUAGE
EN
English
LENGTH
7
Pages
PUBLISHER
AII Data Processing Ltd.
SIZE
61.7
KB

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