Buenos Aires City, November 05, 2015 -- Moody's Latin America Agente de Calificación de Riesgo S.A. (MLA) has today changed the outlook on 34 Argentine banks, finance companies, and securities firms' to stable from negative. The rating actions follow Moody's Investors Service decision on November 2 to change the outlook on Argentina's Caa1 local currency government bond rating to stable from negative (please see "Moody's changes outlook on Argentina's Caa1/(P)Caa2 ratings to stable from negative; Caa1/(P)Caa2 ratings affirmed"). The banks rating actions take into account the high underlying inter-linkages between the banks' standalone credit risk profiles and that of the sovereign.

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