S&P: Rabobank Outlook to ‘Stable’ from ‘Negative’. ‘A /A-1’ ratings affirmed
OREANDA-NEWS. December 03, 2015. Today Standard and Poor’s Ratings Services has taken various rating actions on many European commercial banks following the introduction of well-formed bank resolution frameworks in these countries, the ongoing regulatory impetus to have systemic banks hold sizable buffers of bail-inable instruments that the authorities could use to recapitalize them, and the associated reduced prospects for extraordinary government support. S&P affirmed the ratings of Rabobank at ‘A+/A-1’. The Outlook was revised to ‘Stable’ from ‘Negative’.
The S&P press release on Rabobank will be available on the IR website on Thursday, December 3. The full rating report will be available in due course. Please find below the link to the S&P press release on its rating action regarding European banks.
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