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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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