DBRS Discontinues Public Information Ratings on Certain European Banks
Dominion Bond Rating Service (DBRS) has today announced that, pursuant to the implementation of its new strategy regarding European financial institutions, it is discontinuing its long- and short-term ratings assigned on a public information basis for the following banks and bank holding companies:
ABN AMRO Holdings N.V.
Barclays Bank plc
Groupe Credit Agricole
Credit Agricole S.A.
Societe Generale
Societe Generale (Canada)
DBRS is a recognized, international rating agency, providing timely and comprehensive rating opinions to the world’s capital markets. Privately owned and independent, DBRS offers in-depth credit analysis of corporate, financial institutions and government issues in North America, Europe, Asia and Latin America. DBRS's extensive coverage of structured finance and securitization has solidified its standing as a leading provider of comprehensive, in-depth credit analysis.
DBRS is headquartered in Toronto, with offices in New York, Chicago, London, Frankfurt and Paris, and covers entities worldwide.
Ratings
| Issuer | Debt Rated | Rating Action | Rating | Trend | Notes | Published |
|---|---|---|---|---|---|---|
| ABN AMRO Holding N.V. | Issuer Rating - Short-Term | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| Barclays Bank PLC | Short-Term Debt | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| Credit Agricole S.A. and Groupe Credit Agricole | Short-Term Debt | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| Societe Generale | Short-Term Debt | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| Societe Generale (Canada) | Short-Term Instruments | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| ABN AMRO Holding N.V. | Issuer Rating - Long-Term | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| Barclays Bank PLC | Senior Debt and Deposits | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| Credit Agricole S.A. and Groupe Credit Agricole | Senior Long-Term Debt | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| Societe Generale | Long-Term Deposits and Senior Debt | Discontinued | Discontinued | -- | Aug 30, 2006 | |
| Societe Generale (Canada) | Long-Term Deposits & Senior Debt | Discontinued | Discontinued | -- | Aug 30, 2006 |