Amsterdam Trade Bank N.V. -- Moody's downgrades Amsterdam Trade Bank's deposit ratings to B2, negative outlook; ratings to be withdrawn

London, 23 October 2015 -- Moody's Investors Service has today downgraded Amsterdam Trade Bank N.V.'s local- and foreign-currency long-term deposit ratings to B2 from Ba3, as well as the bank's baseline credit assessment (BCA) to caa3 from b2. The adjusted BCA was downgraded to b3 from b1. The outlook on the long-term deposit ratings is negative. Moody's has also downgraded the bank's long-term Counterparty Risk (CR) assessment to Ba3(cr) from Ba1(cr). The Not-Prime local- and foreign-currency short-term deposit ratings, as well as the Not-Prime (cr) short-term CR assessment, are unaffected by today's actions.

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