Moody's has upgraded Banco BPM’s ratings by one notch, due to the results achieved by the Group

Moody's has upgraded Banco BPM’s ratings by one notch, due to the results achieved by the Group, above all in terms of asset quality, derisking and sound capital position. Stable Outlook confirmed. Moody’s rating upgrade comes on top of the recent action of Fitch Ratings which has raised Banco BPM’s new ratings, all in the investment grade category, by 3 notches