Buenos Aires City, November 30, 2015 -- Moody's Latin America Agente de Calificación de Riesgo S.A. (MLA) has today changed the outlook on the long-term global and national scale local currency ratings of 23 Argentine banks, finance companies, and securities firms' to positive from stable. The rating actions follow Moody's Investors Service decision on November 24 to change the outlook on Argentina's Caa1 local currency government bond rating to positive from stable (please see "Moody's changes Argentina's outlook to positive from stable; Caa1/ (P)Caa2 ratings affirmed"). The banks rating actions take into account the high underlying inter-linkages between the banks' standalone credit risk profiles and that of the sovereign. MLA also affirmed the affected issuers' deposit, debt, issuer and corporate family ratings in local currency.

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