PRESS RELEASE
1
CREDEM: FITCH CONFIRMS LONG-TERM RATING (IDR) AT 'BBB+' WITH A STABLE OUTLOOK
On July 6, 2026, Fitch Ratings (Fitch) confirmed the Long-Term Issuer Default Rating (IDR) of Credito Emiliano S.p.A. (Credem) at 'BBB+', with a Stable Outlook, and the Viability Rating (VR) at 'bbb+'.
Credem's ratings primarily reflect its diversified business model and above-average asset quality. These strengths have contributed to a more stable earnings performance compared to most competitor banks over the past decade. Furthermore, the ratings reflect its prudent credit and capital management policy and stable deposit structure.
In detail, the Credem Group's ratings are as follows:
* Long Term IDR: confirmed at ‘BBB+’, Outlook ‘Stable’
* Short Term IDR: confirmed at ‘F2’
* Viability Rating: confirmed at ‘bbb+’
* Derivative Counterparty Rating: confirmed at ‘BBB+’
* Long-Term Deposit Rating: confirmed at ‘A’
* Short-Term Deposit Rating: confirmed at ‘F1’
* Long-Term Senior Non-Preferred Debt: confirmed at ‘BBB’
* Long-Term Senior Preferred Debt: confirmed at ‘BBB+’
* Short-Term Senior Preferred Debt: confirmed at ‘F2’
Fitch Ratings' press release is available on the agency's website.
Reggio Emilia, July 06, 2026
CREDITO EMILIANO SPA
(The Chairman)
Lucio Igino Zanon di Valgiurata
CONTACTS
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