Fitch Assigns Mediobanca 'BBB+' IDR; Outlook Stable

April 16, 2015 8:25 AM

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(The following statement was released by the rating agency) MILAN/LONDON, April 16 (Fitch) Fitch Ratings has assigned Mediobanca S.p.A. (Mediobanca) a Long-term Issuer Default Rating (IDR) of 'BBB+' and Viability Rating (VR) of 'bbb+'.

The Outlook on the Long-term IDR is Stable. A full list of ratings is at the end of this rating action commentary. Mediobanca is the parent bank of a banking group based in Italy. The group's business model encompasses diverse activities (ranging from corporate lending, investment banking and adviso...

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