illimity Bank SpA (IT:ILTY) has released an update.
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illimity Bank S.p.A. has had its ratings confirmed by Moody’s Investors Service, with a long-term deposit rating of Baa3 in the investment grade area and senior debt and issuer ratings at Ba1 with a stable outlook. This reflects the bank’s strong performance and innovative business model, which includes providing credit to high-potential SMEs and offering digital banking services.
For further insights into IT:ILTY stock, check out TipRanks’ Stock Analysis page.