Baseline Credit Assessment (BCA)
baa3
Adjusted Baseline Credit Assessment (BCA)
baa3
Senior Unsecured Debt
Outlook
Baa3
Positive
Subordinated Debt
Ba1
Long Term Bank Deposits
Outlook
Baa1
Positive
Short-Term Bank Deposit Rating
P-2
Long-Term Counterparty Risk
A3
Covered Bonds / Obrigações Cobertas
Aaa
Viability Rating (VR)
bb+
Long-Term Issuer Default Rating (IDR)
Outlook
BB+
Stable
Short-Term Issuer Default Rating (IDR)
B
Government Support
No Support
Long-Term Senior Preferred Debt Rating
BB+
Short-Term Senior Preferred Debt Rating
B
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)
BB (high)
Long-Term Issuer Rating
Trend
BB (high)
Positive
Short-Term Issuer Rating
Trend
R-3
Positive
Long-Term Senior Debt
Trend
BB (high)
Positive
Short-Term Debt
Trend
R-3
Positive
Subordinated Debt
Trend
BB (low)
Positive
Long-Term Deposits
Trend
BBB (low)
Positive
Short-Term Deposits
Trend
R-2 (middle)
Positive