London, 28 April 2016 -- Moody's Investors Service ("Moody's") has today upgraded Dexia Crediop S.p.A. (Dexia Crediop)'s long-term deposit and senior unsecured debt ratings to Baa3 from Ba3, with a stable outlook, and its short-term rating to Prime-3, from Not Prime (NP). The bank's standalone baseline credit assessment (BCA) was also upgraded to b2, from caa1, and its adjusted BCA was affirmed at b2. The rating agency also upgraded the bank's counterparty risk (CR) assessment to Baa3 (cr)/P-3(cr), from Ba3(cr)/NP(cr).
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