22.07.2015 18:29:00

TSB Bank plc -- Moody's assigns Baa2/P-2 ratings to TSB Bank plc and Baa3 ratings to TSB Banking Group plc

London, 22 July 2015 -- Moody's Investors Service has today assigned Baa2 long-term deposits and issuer ratings, and P-2 short-term deposits ratings, to TSB Bank plc (TSB). The outlook on the long-term ratings is positive. Moody's also assigned a Counterparty Risk Assessment (CRA) of A2(cr)/ P-1(cr) to the bank. This is the first time Moody's has assigned credit ratings to TSB.

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