New York, October 11, 2016 -- Moody's Investors Service today affirmed Banco Citibank S.A.'s (Citi Brazil) long-term global foreign-currency deposit rating of Ba3, and the short-term foreign-currency deposit rating of Not Prime. Moody's also affirmed the baseline credit assessment (BCA) of ba2; the adjusted BCA of ba1; and the long- and short-term counterparty risk assessments of Baa3(cr) and Prime-3(cr), respectively. The outlook remains negative.

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