FinecoBank: S&P Global Ratings confirms rating at 'BBB/A-2' and positive outlook
Milan, April 27th 2022
FinecoBank announces that S&P Global Ratings has yesterday confirmed the 'BBB' long-term and 'A-2' short-term issuer credit ratings, mantaining the positive outlook.
According to S&P Global Ratings, the positive outlook "anticipates Fineco's resilient revenue prospects, very low cost of credit risk, and outstanding cost efficiency will continue supporting its capitalization." The outlook on the bank also mirror that on 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 Tel.: +39 02 2887 2256
Fineco - Investor Relations Tel. +39 02 2887 3736/2358Barabino & Partners Tel. +39 02 72023535 Emma Ascani +39 335 390 334
Finecobank S.p.A. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by, unedited and unaltered, on 28 April 2022 07:24:08 UTC.