Madrid, November 24, 2016 -- Moody's Investors Service has today affirmed Bankia, S.A.'s long-term deposit and senior debt ratings at Ba2 and Ba3 respectively and changed the outlook on these ratings to positive from stable. The rating agency has also affirmed the bank's Baseline Credit Assessment (BCA)/ adjusted BCA at b1 and its short-term deposit and senior programme ratings at Not-Prime. The bank's Counterparty Risk Assessment was also affirmed at Baa3(cr)/Prime-3(cr).

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