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Published on 12/7/2017 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

DBRS confirms Banco Santander

DBRS said it confirmed the ratings of Banco Santander SA, including the long-term issuer rating of A and the short-term issuer rating of R-1 (low).

The trend remains table.

The agency also confirmed the group’s intrinsic assessment at A and support assessment at SA3.

The confirmation reflects the strength of Banco Santander’s globally diversified banking franchise which contributes to resilient earnings and a sustained ability to generate capital through retained earnings, DBRS explained.


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