Coventry maintains Fitch A rating

Nia Williams

November 4, 2011

The confirmation followed Fitch’s announcement that it downgraded the credit ratings of a number of UK financial institutions.

A statement from Coventry said: “Coventry’s rating reflects its consistently strong results, ongoing profitability, excellent asset quality and leading cost-efficiency – it confirms the society’s position as one of the UK’s strongest financial institutions.”

Coventry, the third largest building society in the UK, is also “A” rated by Moody’s Investor Services

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