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Banco Desio Achieves ‘BBB-‘ Rating from S&P Global

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Banco Desio Achieves ‘BBB-‘ Rating from S&P Global

Banco di Desio e Della Brianza SPA ( (IT:BDB) ) just unveiled an update.

Banco di Desio e della Brianza has been assigned a ‘BBB-‘ long-term credit rating with a stable outlook by S&P Global Ratings. This investment grade rating reflects the bank’s effective growth strategy, risk management, and strong market position in central-northern Italy, enabling continued growth in economically promising areas.

More about Banco di Desio e Della Brianza SPA

Established in 1909 and listed on the Milan Stock Exchange since 1995, Banco di Desio e della Brianza is a modern multi-product banking group with deep territorial roots in Northern and Central Italy and Sardinia. The bank operates through a network of 281 branches and approximately 2,400 employees, offering services in consumer credit, asset management, and bancassurance sectors.

YTD Price Performance: 48.32%

Average Trading Volume: 643

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €972.8M

See more insights into BDB stock on TipRanks’ Stock Analysis page.

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