{"sitecore":{"context":{"pageEditing":false,"site":{"name":"investorrelations"},"pageState":"normal","language":"en","itemPath":"/Rating","contextExtensions":{"backgroundColor":"#EDECEB","dictionaryDomain":"{B908F7BE-2C92-4B0A-AE88-73873FB6874B}","sitecoreApiHost":"https://investor.bff.com/","rootItemId":"{457CB805-8ACD-4616-8CFF-A57D6738FBA9}","allNoto":null,"countrySpecific":null}},"route":{"name":"Rating","displayName":"Rating","fields":{"Content":{"value":""},"Title":{"value":"Rating"},"NavigationClass":null,"NavigationFilter":[],"NavigationTitle":{"value":"Rating"},"Page Design":null,"OpenGraph Title":{"value":"$name"},"OpenGraph Description":{"value":""},"OpenGraph Image":{"value":{}},"Custom Metadata":{"value":""},"Meta Description":{"value":""},"Meta Title":{"value":"Rating"}},"databaseName":"master","deviceId":"fe5d7fdf-89c0-4d99-9aa3-b5fbd009c9f3","itemId":"72ee739a-c4f9-474d-a5d2-113f782450f6","itemLanguage":"en","itemVersion":1,"layoutId":"599539d5-d4c5-4f42-a032-c5cf8d864e61","templateId":"4c6bf71c-3bef-44af-ba05-e5d702a0adc3","templateName":"Page","placeholders":{"jss-bffwebsites-main":[{"uid":"c946487c-7b35-4aab-bf7d-2b620764ceee","componentName":"bannerEasy","dataSource":"{71B7D441-8EDE-4AFD-ACDC-C48F717DAAD9}","fields":{"bgBannerColor":{"value":"#2e7891"},"imageBanner":{"value":{}},"title":{"value":"Debt"},"titleBannerColor":{"value":""},"videoBanner":{"value":{"src":"https://edge.sitecorecloud.io/bffbanking-yt799fde/media/Project/BFFWebsites/investorrelations/video/INVEST_04_DEBT_MASTER_DESKTOP_v01.mp4","name":"INVEST_04_DEBT_MASTER_DESKTOP_v01","displayName":"INVEST_04_DEBT_MASTER_DESKTOP_v01","title":"","keywords":"","description":"","extension":"mp4","mimeType":"video/mp4","size":"13457883"}},"mobileImageBanner":{"value":{"src":"https://edge.sitecorecloud.io/bffbanking-yt799fde/media/Project/BFFWebsites/investorrelations/img/Visual-homepage/Debt_Mobile_Statica.png?h=152&iar=0&w=390","alt":"","width":"390","height":"152"}}}},{"uid":"182a3e84-ddab-46a1-9150-0bb417e52c98","componentName":"ContentBlock","dataSource":"/sitecore/content/BFFWebsites/investorrelations/Home/Rating/Data/Rating","fields":{"content":{"value":"<p>A \"rating\" assigned by a rating agency (such as Moody's) represents an opinion on the creditworthiness of a company or a debt security.<br />\nEach rating agency uses its own methodology regarding the meaning of the ratings assigned.</p>\n<p> </p>\n<p><strong>Moody's</strong></p>\n<ul>\n <li><a rel=\"noopener noreferrer\" href=\"https://www.moodys.com/research/view--PR_471173?emailToken=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJVc2VySWQiOiI5YmE1MWY2MC1mNmJmLTQzZWYtYjBlYy1lNGY4YzlhYTM0NzAiLCJEb2NJZCI6IlBSXzQ3MTE3MyIsImNyZWF0aW9uRGF0ZSI6IjIwMjItMTEtMThUMTQ6MDM6MzguMDM2NjI4NC0wNTowMCIsImV4cCI6MTY2OTQwMzAxOCwiVXNlck5hbWUiOiJmcmVkZXJpYy5jaG9uaW9uIiwiVXNlclR5cGUiOiIzIn0.I_aYXVsBPbJmQrgLsPCtQHr0tFJPQm5YyNaBYUYYHKs\" target=\"_blank\">PR of 18-Nov-2022</a></li>\n <li><a href=\"https://www.moodys.com/research/Moodys-announces-completion-of-a-periodic-review-of-ratings-of--PR_458912\">Perodic Review: PR of 13-Dec-2021</a></li>\n <li><a href=\"https://www.moodys.com/research/Moodys-upgrades-BFF-Banks-deposit-ratings-to-Baa2-from-Baa3--PR_444328\">PR of 21-Apr-2021</a> and <a href=\"https://www.bff.com/documents/2212203/0/Credit+Opinion+-+BFF-Bank-SpA+-+09Jun21.pdf/db77623e-7474-13df-2b6f-0eca73552a25\">Credit Opinion of 9<span style=\"font-size: 12px;\">-</span>Jun-2021</a></li>\n <li>Credit Opinion of 22<span style=\"font-size: 12px;\">-</span>Jan-2021 and <a href=\"https://www.moodys.com/research/Moodys-announces-completion-of-a-periodic-review-of-ratings-of--PR_439421?cid=\">PR of 27<span style=\"font-size: 12px;\">-</span>Jan-2021</a></li>\n <li><a href=\"https://www.moodys.com/research/Moodys-changes-the-outlook-on-Banca-Farmafactorings-Ba1-issuer-rating--PR_426085\">PR of 12<span style=\"font-size: 12px;\">-</span>Jun-2020</a> and Credit Opinion of 27<span style=\"font-size: 12px;\">-</span>Jul-2020</li>\n <li><a href=\"https://www.moodys.com/research/--PR_420258\">PR of 26<span style=\"font-size: 12px;\">-</span>Mar-2020</a> and Credit Opinion of 27<span style=\"font-size: 12px;\">-</span>Apr-2020</li>\n <li><a href=\"https://www.moodys.com/research/Moodys-announces-completion-of-a-periodic-review-of-ratings-of--PR_418395\">Periodic Review: PR of 17<span style=\"font-size: 12px;\">-</span>Feb-2020</a></li>\n <li><a rel=\"noopener noreferrer\" href=\"https://www.moodys.com/research/Moodys-assigns-Ba1-first-time-issuer-rating-to-Banca-Farmafactoring--PR_411256\" target=\"_blank\">PR of 2-Oct-2019</a> and Credit Opinion of 23-Oct-2019</li>\n</ul>\n<table class=\"large-table\">\n <thead>\n <tr>\n <th colspan=\"2\" style=\"text-align: center;\">MOODY'S</th>\n </tr>\n </thead>\n <tbody>\n <tr>\n <td>Long-term Issuer Rating</td>\n <td>Ba2 - Stable outlook</td>\n </tr>\n <tr>\n <td>Long-term Bank Deposit Rating</td>\n <td>Baa3 - Negative outlook</td>\n </tr>\n <tr>\n <td>Short-term Bank Deposit Rating</td>\n <td>P-3</td>\n </tr>\n <tr>\n <td>Baseline Credit Assessment (BCA)</td>\n <td>Ba2</td>\n </tr>\n </tbody>\n</table>\n<p> </p>\n<p><strong>DBRS MORNINGSTAR</strong></p>\n<ul>\n <li><a rel=\"noopener noreferrer\" href=\"https://www.dbrsmorningstar.com/research/417371/dbrs-morningstar-assigns-first-time-public-ratings-to-bff-bank-lt-issuer-rating-at-bb-high-stable-trend\" target=\"_blank\">PR of 19-Jul-2023</a></li>\n</ul>\n<table class=\"large-table\">\n <thead>\n <tr>\n <th colspan=\"2\" style=\"text-align: center;\">DBRS MORNINGSTAR</th>\n </tr>\n </thead>\n <tbody>\n <tr>\n <td>Long-Term Issuer Rating</td>\n <td>BB (high) - Stable outlook</td>\n </tr>\n <tr>\n <td>Short-Term Issuer Rating</td>\n <td>R-3 - Stable outlook</td>\n </tr>\n <tr>\n <td>Long-Term Senior Debt</td>\n <td>BB (high) - Stable outlook</td>\n </tr>\n <tr>\n <td>Short-Term Debt</td>\n <td>R-3 - Stable outlook</td>\n </tr>\n <tr>\n <td>Long-Term Deposits</td>\n <td>BBB (low) - Stable outlook</td>\n </tr>\n <tr>\n <td>Short-Term Deposits</td>\n <td>R-2 (middle) - Stable outlook</td>\n </tr>\n </tbody>\n</table>\n<p style=\"text-align: right;\">\n<em><span style=\"font-size: 12px;\">Date of last update: 20/07/2023</span></em></p>"},"column":{"value":""},"heading":{"value":"Rating"}}}],"jss-bffwebsites-main-top":[{"uid":"d29c3b71-2117-4065-bfce-2acef10cd010","componentName":"BffHeader","dataSource":"{7136954A-26BE-44BF-9181-9ABDA1BC34FE}","fields":{"bffFlag":{"value":{}},"inLogo":{"value":{"src":"https://edge.sitecorecloud.io/bffbanking-yt799fde/media/Project/BFFWebsites/shared/linkedin_icon.svg?iar=0","alt":""}},"searchIcon":{"value":{}},"bffLogo":{"value":{"src":"https://edge.sitecorecloud.io/bffbanking-yt799fde/media/Project/BFFGroup/cuentafacto/logo-bff.svg?iar=0","alt":""}},"bffLogoLink":{"value":{"text":"","anchor":"","linktype":"internal","class":"","title":"","target":"","querystring":"","id":"{457CB805-8ACD-4616-8CFF-A57D6738FBA9}","href":"/en"}},"bffSiteName":{"value":"Investors"},"hamburgerMenu":{"id":"b30ae268-976f-4de7-9316-b93bb12ef2fe","url":"/en/Data/HamburgerMenu","name":"HamburgerMenu","displayName":"HamburgerMenu","fields":{"buttonName":{"value":""},"logo":{"value":{"src":"https://edge.sitecorecloud.io/bffbanking-yt799fde/media/Project/BFFWebsites/shared/burger_icon.svg?iar=0","alt":""}}}}}}],"jss-bffwebsites-main-bottom":[{"uid":"f6ae3a1c-156b-4756-be5c-0b462199e1fb","componentName":"Footer","dataSource":"{65BC3CBC-A3A8-40FA-9AEC-F9714DBE5B17}","fields":{"backgroundFooterColor":{"value":"#fff"},"credits":{"value":"VAT 07960110158 \\ BFF Banking Group 2024 © \\ All rights reserved"},"logoFooter":{"value":{"src":"https://edge.sitecorecloud.io/bffbanking-yt799fde/media/Project/BFFWebsites/shared/logo-footer.png?h=100&iar=0&w=330","alt":"","width":"330","height":"100"}},"logoFooterLink":{"value":{"href":""}},"backgroundFooter":{"value":{"src":"https://edge.sitecorecloud.io/bffbanking-yt799fde/media/Project/BFFWebsites/shared/background-footer.svg?iar=0","alt":""}}}}]}}},"language":"en","serverRoute":"/rating"}