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Cecabank ratings

The current rating given to Cecabank by the three agencies that rate the company are given below.
Agency short-term long-term perspective Date
Moody's P-2 Baa2 stable 08/11/2017
Fitch F3 BBB - stable 20/10/2017
S&P A-2 BBB positive 25/05/2018
When establishing the credit rating for Spanish banks, rating agencies take into account the rating assigned to the Kingdom of Spain, which we include as a reference:
Agency short-term long-term perspective Date
Moody's P-2 Baa2 stable 19/02/2016 (P.C.) 17/02/2017 (LP)
Fitch F1 A- stable 19/01/2018
S&P A-2 A- positive 23/03/2018
Rating scales for short-term debt used by these agencies are:
Moody's Fitch S&P
Press-1 F1 A-1
Press-2 F2 A-2
Press-3 F3 A-3
Standard & Poor's and Fitch put a plus sign (+) in the A-1 and F1 categories. Rating scales for long-term debt rating used by these agencies are:
Agency Moody's Fitch S&P
Investment Category Aaa Aa A Baa AAA AA A BBB AAA AA A BBB
Speculative Category Ba B Caa Ca C BB B CCC CC C BB B CCC CC C
Moody's applies numerical modifiers 1, 2 and 3 to every general rating category from Aa to B. Modifier 1 indicates that the obligation is placed in the higher band of each general rating category; modifier 2 indicates the middle band and modificador 3 indicates the lower band of each general category. Standard & Poor's applies a plus sign (+) or a minus sign (-) in the AA to CCC categories to indicate the relative position within each category. Fitch applies the same signs from the AAA category onwards.