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Published on 7/16/2010 in the Prospect News Emerging Markets Daily.

Moody's may up Uraguay banks

Moody's Investors Service said it placed on review for possible upgrade the global-scale foreign-currency deposit ratings of B1 and national-scale rating of A2.uy of several Uruguay banks.

Banco de la República Oriental del Uruguay's foreign-currency deposit rating of Ba3 and foreign-currency national-scale deposit rating of A1.uy are on review for possible upgrade.

Banco Hipotecario del Uruguay's foreign-currency deposit rating of Ba3 and foreign-currency national-scale deposit rating of A1.uy and foreign-currency national-scale debt rating of A1.uy are on review for possible upgrade.

Banco Santander, SA (Uruguay)s foreign-currency deposit rating of B1 and foreign-currency national-scale deposit rating of A2.uy are on review for possible upgrade.

Banco Itaú Uruguay SA's foreign-currency deposit rating of B1 and foreign-currency national-scale deposit rating of A2.uy are on review for possible upgrade.

Crédit Uruguay Banco SA's foreign-currency deposit rating of B1 and foreign-currency national-scale deposit rating of A2.uy are on review for possible upgrade.

Lloyds TSB Bank plc (Uruguay)s foreign currency deposit rating of B1 and foreign-currency national-scale deposit rating of A2.uy are on review for possible upgrade.


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