Fitch Ratings improves Credito Fondiario’s rating

Credito Fondiario ha ottenuto da Fitch il rating

Credito Fondiario, Italy’s leading bank in the investment and servicing of impaired loan portfolios and parent company of the Credito Fondiario Banking Group, announces that this week Fitch Ratings updated the ratings assigned to the Group for its servicing activities.

Credito Fondiario obtained a significant upgrade on relevant ratings, concerning the activity of Commercial Special Servicer — improved to ‘CSS2+’ as compared to the previous ‘CSS2’, Residential Special Servicer, which has improved to ‘RSS2+’ as compared to the previous ‘RSS2’, and Master Servicer, for which the rating has also been improved to ‘MS2+’.