Moody’s Investors Service upgrades the bank’s ratings


This stock exchange announcement is being sent further to the announcement of 18 March 2015. 

The rating bureau Moody’s Investors Service has now concluded its review of the bank’s ratings and advised that they are being changed as follows: 

Ratings etc. Former ratings New ratings
Baseline Credit Assessment (BCA) Baa1 A3
Long-term Deposit Rating Baa1 A1
Short-term Deposit Rating P-2 P-1
Counterparty Risk Assessment N/A Aa3
Outlook Stable Stable

The bank is happy with the result of the review. If you have any questions on the above, you are welcome to contact the bank’s management.


Attachments

Moodys review UK.pdf