Suncorp Group receives upgrade

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31 July 2015

 

Fitch also upgraded Suncorp Group Ltd’s long term debt to A+ from A and kept the group’s outlook as “stable”. The upgrade recognises the strength of the group's non-life insurance franchise within Australia and New Zealand and a robust financial profile. The rating and outlook of the banking subsidiary, Suncorp- Metway, remained unaffected at A+/stable.

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