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Moody’s affirms Bank of China New Zealand
Moody's Investors Service said it affirmed all the ratings and maintained a stable outlook for Bank of China (New Zealand) Ltd.
“These affirmations follow rating actions on the bank's parent, Bank of China Ltd. (BOC), which resulted in Bank of China (New Zealand)'s long-term bank deposit ratings and outlook being affirmed at A1 and stable, respectively,” the agency said in a news release.
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