(Alliance News) - illimity Bank Spa on Tuesday reported that rating agency Moody's Investors Service has assigned ratings to the bank for the first time.

Specifically, the long-term and short-term ratings on deposits stand at 'Baa3' and 'Prime-3,' respectively, in the investment grade area.

The long-term ratings on senior debt and issuer both stand at 'Ba1', with Stable outlook.

illimity Bank closed Tuesday's session in the red by 1.2 percent at EUR5.15 per share.

By Maurizio Carta, Alliance News reporter

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