Financial
Banca Mps: Fitch Ratings assigns long-term deposit rating
Banca Monte Paschi di Siena (BMPS) announces that Fitch Ratings has assigned it a B (stable) Long-Term Deposit Rating, in line with its Long-Term IDR (Issuer Default
Rating).
Banca Monte Paschi di Siena (BMPS) announces that Fitch Ratings has assigned it a B (stable) Long-Term Deposit Rating, in line with its Long-Term IDR (Issuer Default Rating).
This rating action is a consequence of the full depositor preference rule, introduced in Italy on
1 January 2019 with Law Decree no. 181/2015, which transposed the Bank Recovery and Resolution Directive (BRRD) into national legislation.
The full version of Fitch Ratings’ press release is available on the rating agency’s website (www.fitchratings.com).