La Banque Postale rating unchanged by Moody's

Moody's recently reassessed the ratings of French banks after the downgrade of the French government from Aa2 to Aa3. La Banque Postale maintained its long-term and short-term credit ratings at A2 and P-1 respectively. However, the counterparty risk rating was downgraded by one notch, from Aa3 to A1.

La Banque Postale's rating outlook remains stable despite Moody's adjustment. This demonstrates the bank's resilience in the face of macroeconomic changes related to the national rating.

This stability is a reflection of La Banque Postale's diversified business model and solid position within the French banking sector.