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Moody's Investors Service downgrades LT- local currency credit rating of Banca Nazionale del Lavoro (BNL) to "Baa1"; outlook negative

October 05, 2017 - CBonds

 

Moody's Investors Service downgraded from "A3" to "Baa1" the LT- local currency credit rating of Banca Nazionale del Lavoro (BNL) on October 4, 2017. The outlook is negative.
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Issuer: Banca Nazionale del Lavoro (BNL)
Issuer profile:
As of October 1, 2007, Banca Nazionale del Lavoro SpA was acquired by BNP Paribas. Banca Nazionale del Lavoro S.p.A. provides banking and financial services to households, enterprises, and public sec... more
Outstanding issues:
1 issuesUSD3,503,000
109 issuesEUR17,748,139,700
Issuer rating:
Moody's Investors ServiceBaa1/NegativeLT- foreign currency10/04/2017
Moody's Investors ServiceBaa1/NegativeLT- local currency10/04/2017
Fitch RatingsBBB+/StableLT Int. Scale (foreign curr.)04/27/2017
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countries
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