DBRS Assigns Ratings to BCP Macao Branch

DBRS, Inc. (DBRS) has today assigned a Long-Term Instruments rating of BBB (low), Short-Term Instruments rating of R-2 (middle), and Dated Subordinated Debt rating of BB (high) to BCP Macao Branch. Currently, all ratings are Under Review with Negative Implications. These ratings are subject to the maintenance of BCP’s Senior Long-Term Debt & Deposit rating of BBB (low), Short-Term Debt & Deposit rating of R-2 (middle) and Dated Subordinated Debt rating of BB (high).

Notes:
All figures in Euros (EUR) unless otherwise noted.

The principal applicable methodology is the Global Methodology for Rating Banks and Banking Organisations. Other methodologies used include the DBRS Criteria for Bank Ratings – Intrinsic and Support Assessments. Both can be found on the DBRS website under Methodologies.

The sources of information used for this rating include company documents. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

Lead Analyst: Roger Lister
Rating Committee Chair: Alan G. Reid
Initial Rating Date: 10 June 2011
Most Recent Rating Update: 24 May 2012

For additional information on this rating, please refer to the linking document under Related Research.