Frankfurt am Main, June 09, 2016 -- Moody's Investors Service has today upgraded Valiant AG's (Valiant) long-term deposit ratings to A1 from A2, following the upgrade of its baseline credit assessment (BCA) and adjusted BCA to a3 from baa1. Concurrently, the rating agency affirmed Valiant's short-term deposit rating at P-1 and the bank's Counterparty Risk Assessment (CR Assessment) at A3(cr)/P-2(cr). The outlook on the long-term deposit ratings is stable.
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