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Published on 6/8/2012 in the Prospect News Investment Grade Daily.

DBRS affirms Barclays at AA

DBRS said it confirmed the ratings of Barclays Bank plc, including its AA (high) long-term debt rating and its R-1 (high) short-term rating.

The trend on the long-term, non-guaranteed ratings was revised to negative from stable. The trend on the short-term debt and deposit rating remains stable.

DBRS said the ratings consider Barclays' resilient performance in the current operating environment, the bank's improved capitalization, sound liquidity profile and its ability to generate capital organically thanks to its considerable earnings capacity.


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