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Prospect News home > News index > List of issuers A > Headlines for AMP Bank Ltd. > News item |
S&P changes AMP Bank to negative
S&P said it revised the outlook on AMP Bank Ltd. to negative from stable and affirmed its A/A-1 long- and short-term issuer credit ratings.
S&P said it affirmed the ratings because it considers AMP Bank's credit quality reflects that of AMP Group Holdings Ltd. (A/negative/A-1).
The negative outlook reflects that on AMP Group because of the guarantee.
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