0 CHECKOUT

S&P Assigns 'A+' LT Rtg To B. Fed. Credit Mutuel Oct 98

  • ID: 2046561
  • October 1998
  • Standard & Poors

Abstract
Paris -- Standard & Poor's CreditWire 10/28/98 -- Standard & Poor's today assigned its single-'A'-plus long-term counterparty credit rating to Banque Federative du Credit Mutuel (BFCM). The outlook is negative. At the same time, Standard & Poor's 'A-1' short-term counterparty credit and short-term certificate of deposit ratings on BFCM and Banque de l'Economie - Credit Mutuel were affirmed. BFCM's ratings are based on its membership of the Credit Mutuel Group, whose constituent entities are rated single-'A'-plus/Negative/'A-1' (see list below). They also reflect the business and financial profile of BFCM's parent federation, Credit Mutuel Centre Est Europe (CMCEE), which is a key member of the Credit Mutuel group. Standard & Poor's considers BFCM and CMCEE's credit risk to be identical, mainly...

Companies mentioned in this report are:
- Banque Federative du Credit Mutuel
- Credit Industriel et Commercial
- Banque de l'Economie du Commerce et de la Monetique

Action: Various Rating Actions

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance READ MORE >

Note: Product cover images may vary from those shown

- Banque Federative du Credit Mutuel
- Credit Industriel et Commercial
- Banque de l'Economie du Commerce et de la Monetique

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: This Credit Rating Report will be emailed to you.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS

Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer, Inc.