Frankfurt am Main, May 25, 2016 -- Moody's Investors Service has today downgraded the long-term deposit ratings of Deutsche Postbank AG (Postbank) to A3 from A2 and the bank's long-term debt program rating to (P)Baa2 from (P)Baa1. Today's rating actions were prompted by a downgrade of the Baseline Credit Assessment (BCA), long-term debt and deposit ratings of its ultimate parent, Deutsche Bank AG (Deutsche Bank). For further details, please refer to the press release "Moody's downgrades Deutsche Bank's ratings (senior debt to Baa2, long term deposits to A3 and counterparty risk assessment to A3(cr)); outlook stable", published 23 May 2016 (https://www.moodys.com/research/--PR_349327).

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