Fitch changes CaixaBank view to positive

Fitch Ratings said it revised CaixaBank, SA's outlook to positive from negative.

Its long-term issuer default rating was affirmed at BBB, viability rating at bbb and short-term issuer default rating at F2. CaixaBank's support rating of 2 and support rating floor of BBB were also affirmed.

Fitch said the outlook revision reflects potential further improvements to asset quality as the bank continues to reduce non-performing loans and real estate-related problem assets.

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