Moody’s alters Argentina bank views

Moody’s Investors Service changed the outlook to stable from negative and affirmed all ratings and assessments assigned to Banco de Galicia y Buenos Aires SAU, Banco Hipotecario SA, Banco Macro SA and Banco Santander Rio SA. The ratings assigned to Tarjeta Naranja SA were also affirmed.

The rating actions follow Monday’s report by Moody’s that it affirmed the Ca ratings of Argentina’s government bond rating and changed the outlook to stable from negative, the agency said.

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