S&P downgrades Banks in Italy

[niseag]

Publication date: 03-Aug-2012 15:27:33 EST

RATINGS LIST
The ratings listed below are issuer credit ratings unless otherwise stated.

Ratings Affirmed


Banca Fideuram BBB+/Negative/A-2

Banca Mediocredito del Friuli-Venezia Giulia SpA
BBB/Negative/A-3

Banco Popolare Societa Cooperativa SCRL
Credito Bergamasco BBB-/Negative/A-3
Banca Aletti & C. SpA

Credito Emiliano SpA BBB/Negative/A-2

Intesa Sanpaolo SpA BBB+/Negative/A-2
Banca IMI SpA

Istituto Centrale delle Banche Popolari Italiane SpA
CartaSi SpA BBB-/Negative/A-3

Istituto per il Credito Sportivo BBB+/Negative/A-2

Mediobanca SpA BBB+/Negative/A-2

MedioCredito Centrale SpA BBB-/Negative/A-3

UniCredit SpA BBB+/Negative/A-2
UniCredit Leasing SpA

Downgraded
To From

Banca Carige SpA
BB+/Negative/B BBB-/Negative/A-3

Banca di Credito Cooperativo di Conversano S.c.r.l
BB+/Negative/B BBB-/Negative/A-3

Banca Popolare dell'Alto Adige
BBB-/Negative/A-3 BBB/Negative/A-2

Banca Popolare dell'Emilia Romagna S.C.
BB+/Negative/B BBB/Negative/A-2


Banca Popolare di Vicenza ScpA
BB+/Negative/B BBB-/Negative/A-3

Dexia Crediop SpA
B+/Negative/B BB-/Negative/B

Eurofidi Scpa
BB+/Negative/B BBB-/Negative/A-3

Iccrea Holding SpA
Iccrea Banca SpA
Iccrea BancaImpresa SpA
BBB-/Negative/A-3 BBB/Negative/A-2

Unione di Banche Italiane Scpa
BBB/Negative/A-2 BBB+/Negative/A-2

Downgraded; Credithingych Action

Agos-Ducato SpA BBB-/Negative/A-3 BBB/Watch Neg/A-2

Banca Monte dei Paschi di Siena SpA
BBB-/Negative/A-3 BBB/Watch Neg/A-2

Banca Popolare di Milano SCRL
Banca Akros SpA
BB+/Negative/B BBB-/Watch Neg/A-3

Outlook Action

FGA Capital SpA BBB-/Negative/A-3 BBB-/Stable/A-3


Credithingych Action; Ratings Withdrawn

Withdrawn To From
Cassa di Risparmio della Provincia di Teramo SpA
N.R. B/Negative/B B/Watch Neg/B

NB. This list does not include all ratings affected.