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Popular, Pastor cédulas cut further by DBRS amid capital concern

Posted on 18 April 2017


DBRS downgraded cédulas hipotecarias of Banco Popular Español and subsidiary Banco Pastor from AA to AA (low) on Friday – its second cut to the cédulas this year – following a downgrade of the parent on the back of increasing concerns about its capital position, after it announced revised 2016 results...

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