Banco Comercial Portugues (GB:0RJN) has released an update.
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Banco Comercial Português has seen its long-term senior debt ratings upgraded by Fitch Ratings, reflecting improved capitalization and a stronger funding profile. This upgrade is supported by a favorable assessment of the Portuguese operating environment, which presents growth opportunities for the bank. Fitch also raised ratings on BCP’s Tier 1 and Tier 2 instruments, highlighting potential improvements if strategic plans are successfully executed.
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