Moody’s ups Banco de la Nacion Argentina

Moody's Latin America said it upgraded Banco de la Nacion Argentina SA (Bolivia)'s (BNA Bolivia) ratings and assessments, including its global scale local and foreign currency deposit ratings to B2 from B3, and its national scale local and foreign currency deposit rating to A3.bo from Baa3.bo.

The outlook is stable.

The action follows the announcement by Moody's Investors Service that it upgraded the rating of Argentina's sovereign bond ratings to B2 from B3 on Nov. 29.

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