P.
112
Cecabank Report 2018
Financial Information
Risk management
The ratings awarded to Cecabank as at 31 December 2018 have remained the
same and in all cases considered Investment Grade. The ratings awarded by
Fitch Ratings, Moody’s, and Standard & Poor’s are as follows:
Among the aspects highlighted by the agencies are the conservative risk
profile, the high solvency levels and comfortable liquidity position. On the
other hand, the strategic orientation also stands out, including the leading
position in Securities Services market in Spain and its role as wholesale
services provider, especially to financial institutions, which allows increasing
the recurrence of income.
5 | 5.2
Short term
Long term
Outlook
Moody´s
P-2
Baa2
Stable
Fitch Ratings
F-3
BBB-
Stable
Standard & Poor’s
A-2
BBB
Positive