Banca Nazionale del Lavoro S.P.A./Non-preferred Senior Unsecured

News

• 06.07.2021
  Creditreform Rating AG has revised its rating methodology for the rating of banks (Bank Ratings). Henceforth, only the revised version of the rating methodology ("Version 3.0") will be applied with the end of the consultation process. In addition, Creditreform Rating AG introduced the new sub-methodology „Institutional Protection Scheme Banks“. Hence, all current ratings of bank capital and unsecured bank instruments will be reviewed as part of our current monitoring and receive therefore the rating supplement "watch". Our revised rating methodologies can be found at www.creditreform-rating.de.
• 22.12.2020
  Creditreform Rating has revised its outlook on the Banca Nazionale del Lavoro S.P.A. (Group) to stable from watch negative and affirmed the rating of Banca Nazionale del Lavoro S.P.A. (Group) at A-. Creditreform Rating has also affirmed the rating of BB of Additional Tier 1, the rating of BB+ of Tier 2 and the rating of A- of the Preferred Senior Unsecured. The rating of Non-Preferred Senior Unsecured Debt was confirmed at BBB+. For more details regarding the rating, we refer to our rating report on our homepage.
• 28.03.2020
  Creditreform Rating has set the rating of all valid bank ratings and bank issues to watch negative due to the currently not assessable impact of the Corona Crisis. Not affected by this rating action are government related banks. We refer to the free available Monitoring Report for a more detailed explanation.
• 25.11.2019
  Creditreform Rating has affirmed the rating of Banca Nazionale del Lavoro S.p.A. at A-. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 Capital at BB and the rating of Tier 2 Capital at BB+. The rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) has affirmed at A-. Moreover, the rating of Non-Preferred Senior Unsecured Debt was set to BBB+.