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DBRS upgrades BBVA's long-term senior issuer rating to AA (low) from A (high)
BBVABanco Bilbao Vizcaya Argentaria, S.A.
Morningstar DBRS upgraded Banco Bilbao Vizcaya Argentaria, S.A.'s long-term senior issuer credit rating by one notch to AA (low) from A (high), changing the outlook from positive to stable. The agency also upgraded BBVA's long-term senior debt and subordinated debt ratings by one notch each, and its long-term deposits rating by one notch, while confirming several short-term and critical obligations ratings at their previous levels with stable outlooks. Banco Bilbao Vizcaya Argentaria operates as a global financial services group providing banking and financial products.