Mexico, August 05, 2014 -- Moody's de México S.A. de C.V. has upgraded the Global Scale rating of Banco Mercantil del Norte S.A.'s BNTECB 07 senior debt certificates to Baa2 (sf) from Baa3 (sf) and the National Scale rating to Aa1.mx (sf) from Aa2.mx (sf). This action does not affect the ratings of the BNTECB 07-2 subordinate certificates.
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