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Published on 5/16/2012 in the Prospect News Emerging Markets Daily.

Moody's rates Banco de Credito A1, Prime-1

Moody's Investors Service said it affirmed all of Banco de Credito e Inversiones's ratings, including its C bank financial strength rating and A1 and Prime-1 global scale long- and short-term foreign currency deposit ratings, respectively.

At the same time, Moody's assigned a global scale long- and short-term local currency deposit ratings of A1 and Prime-1.

Moody's said the ratings take into account the bank's focused business strategy and track record as a commercial lender through several business cycles.


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