Rating Report
Banca Nazionale del Lavoro S.p.A. Covered Bonds (OBG - Mortgages): Surveillance Report
Covered BondsSummary
DBRS Ratings GmbH (DBRS Morningstar) confirmed its AA (low) ratings on the Obbligazioni Bancarie Garantite (OBG; the Italian legislative covered bonds) issued under the Banca Nazionale del Lavoro S.p.A. Covered Bonds Programme. This rating action follows the completion of a full review of the Programme.
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Antonio Laudani
Vice President - European RMBS and Covered Bond Ratings
+(34) 919 036 523
antonio.laudani@morningstar.com- Alessandra Maggiora
Vice President, Credit Ratings - European RMBS & CBs
+44 20 7855 6691
alessandra.maggiora@morningstar.com - Ketan Thaker
Managing Director - European Real Estate & NPL Ratings
+(44) 20 3356 1525
ketan.thaker@morningstar.com