"Banco Popolare" and "Monte dei Paschi", downgraded by Fitch

V.R. (Translated by Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 8 februarie 2012

Ratings firm Fitch Ratings downgraded "Banca Monte dei Paschi di Siena" SpA and "Banco Popolare" SC of Italy, as a result of the country's downgrade, last month. The rating of "Monte dei Paschi" and "Banco Popolare" was cut from to "BBB", from "BBB+".

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