The US rating agency has downgraded standard & poor's credit rating of 34 Italian banks. Affected Banca Nazionale del lavoro and Mediobanca Bank are among other things the HypoVereinsbank mother UniCredit, Intesa. You have been downgraded to BBB + with a negative Outlook. Only three Italian banks, which are evaluated by standard & poor's, kept your rating.
Under the pressure of financial markets the Italian Parliament last had passed December the third savings plan within half a year. Italy's debt is equivalent to 120 percent of gross domestic product. By Mario Monti, head of Government to the economic recovery shows have little effect. On 13 January had the rating agency downgraded the creditworthiness of Italy's total to two stages. Since then, the country is rated at the long-term credit rating with the grade BBB + instead of A.
As a corollary, the gradation of the banks by market experts had been expected already. So she evaluated UniCredit now BBB +\/ A-2 after previously A\/A-1. The creditworthiness of the Banco Popolare dropped from BBB\/A-2 to BBB \/ A-3. Germany has retained its classification in contrast to eight other euro countries and is rated as the top grade in further.
