New York, October 15, 2014 -- Moody's Investors Service today affirmed Banco GNB Sudameris S.A.'s (GNB) standalone bank financial strength rating (BFSR) of D-, which maps to a standalone baseline credit assessment (BCA) which remains at ba3, and changed the outlook to positive, from stable. Moody's also affirmed with a positive outlook the B1 long-term foreign currency subordinated debt rating. At the same time, Moody's affirmed GNB's Ba1/Not Prime long-/short-term global local and foreign currency deposit ratings and Ba1 long-term foreign currency senior unsecured debt rating. The outlook on the deposit and senior unsecured debt ratings remains stable.

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