Frankfurt am Main, January 19, 2015 -- Moody's Investors Service has today affirmed Bausparkasse Mainz AG's (BKM) Baa1 long-term deposit ratings and changed the outlook on the ratings to negative from stable, reflecting (1) Moody's assessment of the negative implications of the protracted low interest-rate environment on BKM's earnings and related pressures on its narrow business model; and (2) BKM's otherwise sound financial fundamentals such as asset quality, capitalisation and liquidity.

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