| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Q > Headlines for Quebec > News item |
DBRS confirms Desjardins
DBRS said it confirmed the ratings of Desjardins Group and its related entities, Caisse Centrale Desjardins and Capital Desjardins Inc., including the group's long-term debt at AA and short-term debt at R-1 (high).
The trend is stable.
The ratings remain supported by the group's leading market positions in the province of Quebec and diversified business base with an emphasis on low-risk retail lines, DBRS said.
Key challenges remain the group's concentration in Quebec and high cost structure, the agency said.
The group continues to maintain strong asset quality metrics, which improved modestly in 2010 and were stable to modestly improving in the first quarter of 2011, DBRS added.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.