Moody's upgrades BBVA's credit rating due to expected protection from potential losses.
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TL;DR
Moody's upgraded BBVA's credit rating, citing expected protection from potential losses due to its strong capital and liquidity buffers, and its solid position in the European banking sector.
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Banco BBVAMoody'sBBVAcredit ratingEuropean bankingfinancial stability
Moody's upgrades BBVA's credit rating due to expected protection from potential losses. The Spanish banking group has EUR 468.6 billion in current deposits and EUR 429.6 billion in current credits. The upgrade reflects BBVA's strong position in the European banking sector and its robust capital and liquidity buffers.
