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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.

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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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