Rating.

See Banco Montepio's risk ratings assigned by Moody's, Fitch Ratings and DBRS.

Moody's
Last review in October 2022
Baseline Credit Assessment (BCA)

b2

Adjusted Baseline Credit Assessment (BCA)

b2

Senior Unsecured MTN

(P) B2

Subordinated Debt

(P) B3

Long Term Bank Deposits Outlook

Ba3
(Stable)

Short-Term Bank Deposit Rating

NP

Long-Term Counterparty Risk

Ba2

Covered Bonds

Aa2

Fitch Ratings
Last review in December 2022
Viability Rating (VR)

b

Long-Term Issuer Default Rating (IDR) Outlook

B
Positive

Short-Term Issuer Default Rating (IDR)

B

Government Support

No Support

Long-Term Senior Preferred Debt Rating

B-

Short-Term Senior Preferred Debt Rating

B

Long-Term Senior Non-Preferred Debt Rating

CCC+

Subordinated Debt Rating

CCC+

Long-Term Deposits Rating

B+

Short-Term Deposits Rating

B

Covered Bonds

AA
Positive

DBRS
Last review in March 2023
Intrinsic Assessment (IA)

(high)

Long-Term Issuer Rating Trend

(high)
Stable

Short-Term Issuer Rating Trend

R-4
Stable

Long-Term Senior Debt Trend

(high)
Stable

Short-Term Debt Trend

R-4
Stable

Subordinated Debt Trend

(low)
Stable

Long-Term Deposits Trend

BB (low)
Stable

Short-Term Deposits Trend

R-4
Stable