Banco BPM S.p.A. (IT:BAMI) has released an update.
Banco BPM has received a ratings upgrade from S&P to BBB/A-2, reflecting its strengthened financial profile and additional loss-absorbing capacity. The bank’s strong presence in Northern Italy and diversified business model are expected to support its stability. This upgrade solidifies Banco BPM’s position within the investment grade category.
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