Buenos Aires City, October 18, 2013 -- Moody's Latin America has today assigned Banco Económico (Económico)'s subordinated debt program of USD 20 million a (P)B2 global local and foreign currency debt rating. Additionally, Moody's assigned a B2 global local currency debt rating to the first expected issuance under the program of Bs. 34.8 million. At the same time, Moody's assigned a Aa3.bo local currency national scale debt rating to the bank's subordinated debt program and to the first expected issuance under the program and a Aa3.bo foreign currency national scale debt rating to the bank's subordinated debt program.

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