Intesa Sanpaolo Vita: Fitch affirms rating
Intesa Sanpaolo Vita: Fitch affirms long-term rating and rating of subordinated debt and improves outlook to stable from negative
Milan, May 16th 2014 – Intesa Sanpaolo Vita communicates that Fitch has affirmed the 'BBB+' long-term rating of the Company. The outlook has been improved to stable from negative.
The agency has also affirmed the 'BBB' rating for the Company's subordinated debt.
This reflects a similar action on the rating of the parent company Intesa Sanpaolo, announced by Fitch on May 13th 2014, and the outlook improvement on Italy's sovereign rating to stable from negative.
For further information:
Intesa Sanpaolo Group
Banca dei Territori Media Office and Local Media
(+39) 06 67124992