RatingMay 19, 2026, 04:32 PM
Royal Bank of Canada's Fitch Long-Term Debt Rating Upgraded to AA+
AI Summary
Royal Bank of Canada announced that Fitch Ratings upgraded its legacy senior long-term debt rating to AA+ from AA on May 12, 2026. Fitch also affirmed the bank's short-term debt rating as F1+ and confirmed its long-term issuer default rating for senior long-term debt remains at AA-. This update reflects a positive assessment of the bank's credit profile.
Key Highlights
- Fitch upgraded Royal Bank of Canada's legacy senior long-term debt rating to AA+ from AA.
- Fitch affirmed the bank's short-term debt rating as F1+.
- Fitch confirmed the long-term issuer default rating for senior long-term debt remains at AA-.
- The rating actions by Fitch occurred on May 12, 2026.
Price Impact
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