Rating granted by Fitch Ratings

Summary by AI BETAClose X

Banco Santander S.A. has been upgraded by Fitch Ratings, with its long-term rating moving from A to A+ and a stable outlook, while its short-term rating remains F1. This upgrade also extends to several Santander subsidiaries, including Banco Santander Totta, S.A., Santander Consumer Finance, S.A., Santander Consumer Bank AG, and Santander Consumer Bank AS, all seeing their long-term ratings improved from A to A+ with stable outlooks and affirmed F1 short-term ratings. Furthermore, Santander Totta's long-term deposit rating has been elevated from A+ to AA-, and its short-term deposit rating from F1 to F1+.

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