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Moody’s methodology reviews

15 Jun 2015

Moody’s methodology reviews

On June 11, Moody´s has upgraded CGD’s standalone baseline credit assessment to b3 from caa1.

The long-term deposit and senior debt ratings downgraded to B1 with a stable and negative outlook respectively, from Ba3.

The short-term deposit and senior debt ratings remain unchanged at Not Prime.

Read here the announcement sent to Comissão do Mercado de Valores Mobiliários (CMVM).

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