Intesa Sanpaolo announced that Fitch Ratings has upgraded several of the bank’s ratings. The long-term senior preferred (unsecured) rating was raised to ‘A-’ from ‘BBB’, the short-term deposits rating to ‘F1’ from ‘F2’, and the Viability Rating to ‘a-’ from ‘bbb’. The outlook assigned is stable.
This upgrade follows Fitch Ratings’ recent action on Italy, which took place on September 19, 2025. As a result, Intesa Sanpaolo’s long-term rating now stands one notch above Italy’s sovereign rating.
According to Fitch Ratings, “the two-notch upgrade reflects the combination of the recent upgrade to ‘BBB+’ from ‘BBB’ of Italy’s Long-Term Rating and Intesa Sanpaolo exceptional position of strength relative to its domestic peers, which is supported by well diversified products and revenues, and flight-to-quality status.”
