London, 17 May 2013 -- Moody's Investors Service has today downgraded the long-term senior debt and deposit ratings of Iccrea BancaImpresa S.p.a. (Iccrea BI) to Ba3 from Ba1, following the lowering of the bank's baseline credit assessment (BCA) to caa1 from ba2. Concurrently, Moody's lowered the standalone bank financial strength rating (BFSR) to E from D. The debt and deposit ratings remain on review for downgrade.
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