This page details the ratings awarded to the Company by the following credit rating agencies: Dominion Bond Rating Service (henceforth "DBRS"), Fitch Ratings ,Ireland  (henceforth "Fitch"), Moody's Investors Service España, S.A. (henceforth "Moody's"), S&P Global Ratings Europe limited, Ireland (henceforth "Standard & Poor's") Gesellschaft für Bonitätsbeurteilung mbH (henceforth “GBB-Rating”) and Scope Ratings (henceforth “Scope”).

The credit rating can be revised, cancelled or withdrawn at any time by the ratings agency.

The aforementioned credit ratings are only an estimation and should not prevent potential investors in bonds issued by the company from undertaking their own analysis of the Company or the bonds it issues.

The long term debt rating categories used by the aforementioned agencies are as follows:

Moody's assignes numeric modifiers 1, 2 and 3 to each generic ratings classification from Aa through B. The modifier 1 indicates that the obligation ranks in the higher end of its generic rating category; the modifier 2 indicates a mid-range ranking and the modifier 3 indicates a ranking in the lower end of that generic rating category.

Standard & Poor's applies a plus (+) or minus (-) sign in categories AA through CCC to show relative standing within the major rating categories.

Fitch applies these same signs from the AAA category. The short term debt rating categories used by these agencies are as follows:

Standard & Poor's and Fitch both apply a plus sign (+) within the categories A-1 and F1.

These credit ratings do not constitute a recommendation to buy, sell or subscribe to the bonds issued by the Company. The credit rating can be revised, cancelled or withdrawn at any time by the ratings agency.

The aforementioned credit ratings are only an estimation and should not prevent potential investors in bonds issued by the company from undertaking their own analysis of the Company or the bonds it issues.

The aim is to obtain financing for the bank in the capital markets, optimising costs and diversifying the investor base.

We meet investor demand through a wide range of products, maturities and currencies.