Credit Rating Report
Laurentian Bank of Canada: Rating Report
Banking OrganizationsSummary
On December 15, 2023, Morningstar DBRS downgraded its credit ratings on LBC, including the Bank’s Long-Term Issuer Rating to BBB (high) from A (low). Concurrently, Morningstar DBRS confirmed the Bank’s Short-Term Issuer Rating at R-1 (low). The trend on all credit ratings is Negative.
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Contacts
Shokhrukh Temurov
Vice President - North American Financial Institution Ratings
+(1) 416 597 7377
shokhrukh.temurov@morningstar.com- Michael Driscoll
Credit Rating Officer - Global Financial Institution Ratings
+(1) 212 806 3243
michael.driscoll@morningstar.com