Moody's stabilizes Banco de Bogota, Bancolombia views

Moody's Investors Service said it changed the outlooks on Banco de Bogota SA's and Bancolombia SA's to stable from negative and affirmed all their ratings, including their Baa2 foreign-currency senior unsecured debt ratings.

The rating action follows Moody's Wednesday announcement that it had affirmed the government of Colombia's Baa2 bond rating and changed the outlook to stable from negative, the agency said.

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