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Groupe BPCE obtains long-term credit ratings at the highest European level
July 23, 2024
Standard & Poor’s improved its long-term credit rating for Groupe BPCE to A+ with a stable outlook, versus a long-term rating of A with stable outlook previously. This decision hails the Group’s ability to build “safety buffers” that strengthen its financial solidity.
This rating of A+ with a stable outlook is in line with the highest European standards and will clearly provide important support for the development of the Group’s companies as part of the new strategic plan “VISION 2030”.
In addition, Moody’s confirmed in July its long-term rating of A1 with a stable outlook for Groupe BPCE.
Fitch and R&I also assign to date Groupe BPCE long-term ratings of A+ with a stable outlook.
