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
