Banca Piccolo Credito Valtellinese, SpA

Credit Ratings (as of Jun 2020)

Fitch
BB (speculative)
Moody's
Ba2 (non-investment grade speculative)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Banca Piccolo Credito Valtellinese, SpA is rated by Fitch and Moody's.

Credit ratings assigned to Banca Piccolo Credito Valtellinese, SpA as of June 2020 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Banca Piccolo Credito Valtellinese, SpA it is set to BB (speculative), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Banca Piccolo Credito Valtellinese, SpA is set to B (speculative short-term credit quality).

Long-Term Issuer Default Rating  BB
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  B
Viability Rating  bb
Support Rating  5
Support Rating Floor  NF

Viability rating for Banca Piccolo Credito Valtellinese, SpA is set to bb (speculative fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).

Moody's

Long-term rating for Banca Piccolo Credito Valtellinese, SpA it is set to Ba2 (non-investment grade speculative). Long-term bank deposit rating is Ba3 (non-investment grade speculative). Baseline credit assessment is b1. Short-term rating is set to NP (not prime).

Long-Term Rating  Ba2
Long-Term Bank Deposit Rating  Ba3
Baseline Credit Assessment  b1
Short-Term Rating  NP
Outlook  negative

Outlook for the ratings of Banca Piccolo Credito Valtellinese, SpA is set to negative (may be lowered).