Frankfurt am Main, October 24, 2014 -- Moody's Investors Service has today upgraded Hypo Tirol Bank AG's (Hypo Tirol) long-term debt and deposit ratings to Baa2 from Baa3. The long-term ratings carry a negative outlook. Concurrently, the rating agency raised the bank's standalone bank financial strength rating (BFSR) to D- from E+, with a stable outlook, which is equivalent to a baseline credit assessment (BCA) of ba3 (previously b1), and upgraded the bank's short-term rating to Prime-2 from Prime-3.
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