FinecoBank: S&P Global Ratings confirms rating at 'BBB/A-2'
Milan, July 22nd 2021
FinecoBank announces that S&P Global Ratings has yesterday confirmed the 'BBB' long-term and 'A- 2' short-term issuer credit ratings, with stable outlook.
According to S&P Global Ratings, "Fineco's digitalized business model will remain a differentiating factor that supports its strong performance, compared with peers."
For S&P Global Ratings "The stable outlook on Fineco reflects our view that the bank's innovative business model makes its creditworthiness more resilient than that of traditional domestic commercial banks amid still-difficult economic conditions in Italy."
For further details please see the press release available at the S&P Global Ratings' website
FinecoBank is one of the most important FinTech banks in Europe. Listed on the FTSE MIB, Fineco offers a business model that is unique in Europe, combining the best platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and one of the most important players in Private Banking in Italy, offering advanced and tailor-made advisory services. Since 2017, FinecoBank has also been in the UK with an offer focused on brokerage, banking and investment services. Fineco Asset Management was founded in Dublin in 2018, with a mission to develop investment solutions in partnership with top international asset managers.
Fineco - Media Relations
Fineco - Investor Relations
Tel.: +39 02 2887 2256
Tel. +39 02 2887 3736/2358
Barabino & Partners
Tel. +39 02 72023535
+39 335 390 334
Finecobank S.p.A. published this content on 22 July 2021 and is solely responsible for the information contained therein. Distributed by, unedited and unaltered, on 22 July 2021 07:27:05 UTC.