(The following statement was released by the rating agency) BARCELONA/LONDON, November 24 (Fitch) Fitch Ratings has affirmed Portugal-based Caixa Economica Montepio Geral’s (Montepio) Long-term Issuer Default Rating (IDR) at ‘BB’, Support Rating (SR) at ‘3’ and Support Rating Floor (SRF) at ‘BB’. Fitch has also affirmed Montepio’s Viability Rating at ‘b+’. The Long-term IDR Outlook is Negative. A full list of rating actions is provided at the end of this commentary. KEY RATING DRIVERS – IDR
Source: Financials
