15.12.2015 03:29:00
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XacBank LLC -- Moody's: Entry of National Bank of Canada as strategic investor is credit positive for XacBank
Hong Kong, December 15, 2015 -- Moody's Investors Service says that National Bank of Canada's completed acquisition of a 10.5% stake in TenGer Financial Group LLC -- the parent of XacBank LLC -- is credit positive for XacBank (B2 local currency deposit rating, negative; b3 baseline credit assessment).