The rating upgrade to BBB is driven by a greater business strength and resilience, with a continuous improvement in asset quality.
Trento, 09.12.2025 – Fitch Ratings (Fitch) has announced an upgrade to the long-term and short-term ratings of Cassa Centrale Banca, as specified below:
| Debt rated | Rating | Outlook | |
| Long-Term Issuer Default Rating / Senior preferred debt | BBB | Stable | |
| Short-Term Issuer Default Rating | F2 | Stable | |
| Long-Term Deposits | BBB＋ | Stable | |
| Short-Term Deposits | F2 | Stable |
The upgrade reflects the continuous improvement in the Group's profitability and resilience despite a less favourable interest rate scenario. The Group maintains a constant monitoring on asset quality with further progress also in the level of non-performing loan coverage ratios. The picture is completed by an extremely solid capitalization and a liquidity profile that remains supported by a large and granular deposit base.
For further details on the rating action, please refer to Fitch's press release.