Morningstar DBRS upgrades BPER Banca's trend to positive
The agency confirms the BBB (high) rating and changes outlook from stable to positive.
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Italian retail and corporate banking institution
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In short: BPER finalized its merger with Banca Popolare di Sondrio and reported strong first-quarter growth, prompting rating upgrades from Fitch and Moody's.
The agency confirms the BBB (high) rating and changes outlook from stable to positive.
The bonds are perpetual, with a first call option in September 2031, and pay periodic coupons.
Fitch has upgraded the long-term deposit rating to A- from BBB+ and confirmed the short-term deposits at F2.
The Board of Directors has examined and approved the individual results of the Bank and the consolidated results of the Group.
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