Fitch Rates Santander UK Group Holdings plc 'A'/Stable

April 9, 2015 2:52 PM

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(The following statement was released by the rating agency) LONDON, April 09 (Fitch) Fitch Ratings has assigned Santander UK Group Holdings plc (SGH) a Long-term Issuer Default Rating (IDR) of 'A' with a Stable Outlook, a Short-term IDR of 'F1', a Viability Rating of 'a' and a Support Rating (SR) of '2'.

Santander UK plc's (San UK) ratings are not affected by today's rating actions. SGH was created in 2013 and became the holding company for San UK in January 2014. SGH owns 100% of San UK, and is in turn wholly indirectly owned by the Spanish banking group Banco Santander SA (A-/Stable/F2/a-). The es...

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