New York, December 02, 2015 -- Moody's Investors Service assigned a global corporate family rating (CFR) of Ba1 to Banco Cooperativo Sicredi S.A. (Sicredi) -- a financial institution part of the cooperative group Sistema Cooperativo Sicredi. Simultaneously, Moody's also assigned to Sicredi, long and short-term global local currency issuer ratings of Ba1 and Not Prime, long and short-term Brazilian national scale local currency issuer ratings of Aa1.br and BR-1, and a long-term Brazilian national scale corporate family rating of Aa1.br. In addition, Moody's assigned standalone and adjusted baseline credit assessments of ba1 to Sicredi. The outlook on all ratings is stable. Today marks the first time Moody's has assigned ratings to Banco Cooperativo Sicredi S.A.

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