London, 08 April 2014 -- Moody's Investor Service has today affirmed Banca Nazionale del Lavoro S.PA.'s Baa2/Prime-2 long- and short-term deposit ratings. At the same time, Moody's changed the outlook on the bank's long-term debt and deposit ratings to stable from negative and upgraded the bank's backed senior unsecured debt rating to A1 with stable outlook.

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