Buenos Aires City, May 11, 2016 -- Moody's Latin America Agente de Calificación de Riesgo S.A. (MLA) has confirmed national scale local currency deposit and corporate family ratings of 18 Argentine banks and financial institutions and repositioned the ratings of four of them. In addition, Moody's has repositioned at a higher level the national scale foreign currency deposit and issuer ratings of 25 banks and financial institutions, including 18 whose local currency ratings were confirmed or repositioned, and taken action on the national scale senior unsecured and/or subordinate debt ratings of 14 financial institutions. This concludes the reviews on these ratings that were initiated on 21 April 2016. At the same time, Moody's has publically assigned Deutsche Bank S.A. (Argentina) a B1 global local currency deposit rating.

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