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Moody’s Boosts Banco Comercial Português’s Debt Rating

Moody’s Boosts Banco Comercial Português’s Debt Rating

Banco Comercial Portugues (GB:0RJN) has released an update.

Moody’s has upgraded Banco Comercial Português’s senior unsecured debt rating from Baa2 to Baa1, reflecting improved credit quality and strong capital levels. The bank’s deposit rating remains at A3, with a positive outlook, signaling a stable financial position despite challenges from its Polish subsidiary.

For further insights into GB:0RJN stock, check out TipRanks’ Stock Analysis page.

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