Baseline Credit Assessment (BCA)
baa2
Adjusted Baseline Credit Assessment (BCA)
baa2
Senior Unsecured Debt
Outlook
Baa2
Stable
Subordinated Debt
Baa3
Long Term Bank Deposits
Outlook
A3
Stable
Short-Term Bank Deposit Rating
P-2
Long-Term Counterparty Risk
A2
Covered Bonds / Obrigações Cobertas
Aaa
Viability Rating (VR)
bbb-
Long-Term Issuer Default Rating (IDR)
Outlook
BBB-
Stable
Short-Term Issuer Default Rating (IDR)
F3
Government Support
No Support
Long-Term Senior Preferred Debt Rating
BBB-
Short-Term Senior Preferred Debt Rating
F3
Long-Term Senior Non-Preferred Debt Rating
BB+
Long-Term Deposits Rating
BBB
Short-Term Deposits Rating
F3
Covered Bonds / Obrigações Cobertas
Outlook
AAA
Stable
Intrinsic Assessment (IA)
BBB (low)
Long-Term Issuer Rating
Trend
BBB (low)
Stable
Short-Term Issuer Rating
Trend
R-2 (middle)
Stable
Long-Term Senior Debt
Trend
BBB (low)
Stable
Short-Term Debt
Trend
R-2 (middle)
Stable
Subordinated Debt
Trend
BB
Stable
Long-Term Deposits
Trend
BBB
Stable
Short-Term Deposits
Trend
R-2 (high)
Stable