Banca March retains its A1 rating from Moody's, which highlights "the high quality of its assets and strong capitalisation" 23 July 2026 Category: Products Banca March remains among the entities with the best credit rating in the Spanish financial system. The agency also highlights the bank's solid profitability and its robust positioning in terms of funding and liquidity. Moody's, the rating agency, has confirmed Banca March's A1 deposit rating and maintained the outlook for long-term deposit ratings at "stable", considering that it maintains "a solid credit profile supported by the high quality of its assets, strong capitalisation, consistent profitability, and a robust funding and liquidity position". The agency has also confirmed Banca March's Baseline Credit Assessment (BCA) at A3 – a rating that measures the bank's financial strength without taking into account possible external support, such as that from the State. At the same time, it has maintained its adjusted BCA, as well as counterparty risk ratings, which assess the ability to meet obligations to other financial institutions. According to Moody's, Banca March continues to rank among the entities with the best asset quality in the Spanish banking system. The agency highlighted the bank's "prudent risk policy" and also its high capitalisation. Moody's also believes that Banca March's financial profile would justify a higher standalone rating, although the baseline credit assessment is constrained by Spain's sovereign rating. The agency also believes Banca March's profitability will continue to be "solid", thanks to a diversified revenue base and the weight of fees. It also highlighted the bank's funding and liquidity profile, which it said was "mainly supported by customer deposits and ample liquidity buffers." In line with its prudent, long-term management philosophy, Banca March’s business model is underpinned by robust financial and capital ratios: The institution maintains the highest CET1 capital adequacy ratio among Spanish banks (26.32%), one of the lowest non-performing loan ratios in the sector (1.18% as of year-end 2025, compared with a sector average of 2.71%), and liquidity ratios—LCR (245%) and DTL (187%)—as well as doubtful asset coverage (74%) that rank among the strongest in the industry.