Rating

* Moody’s (3 December 2018): the international rating agency Moody’s Investors Services has revised the long-term senior unsecured debt rating to ‘Caa1’ from ‘B3’, affirming long-term deposit rating at ‘B1’ and standalone Baseline Credit Assessment (BCA) at ‘caa1’. The outlook on the long-term deposit ratings has been changed to negative from stable, in line with the senior unsecured debt outlook.

The short-term rating is on the issuance programme and therefore is a provisional rating.

** Fitch (12 July 2019): the international rating agency Fitch Ratings confirmed short- and long-term rating ‘B’, with stable outlook.

*** DBRS (19 June 2019): the international rating agency DBRS Ratings Limited confirmed long-term rating ‘B (high)’ and short-term ‘R-4’ with stable outlook.

P.S.: On 14 June 2013, as per Banca Monte dei Paschi’s request, Standard & Poor's communicated the withdrawal of its rating. At the time of the withdrawal, both long- and short-term ratings assigned to BMPS were ‘B’, with Negative Outlook.