22.11.2013 23:06:00
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Bank of America Mexico, S.A. -- Moody's upgrades BAMSA's and MLM's supported ratings
Mexico, November 22, 2013 -- Moody's de México has today upgraded Bank of America México, S.A., Institución de Banca Múltiple's (BAMSA) ratings including the long- and short-term global local and foreign currency deposit ratings to Baa2 and Prime-2, from Baa3 and Prime-3. Moody's also upgraded BAMSA's long-term Mexican National Scale deposit rating to Aa1.mx, from Aa2.mx, and long-term Mexican National Scale issuer rating to Aa1.mx, from Aa2.mx. The bank's adjusted baseline credit assessment (BCA) was raised to baa2, from baa3. The outlook on all ratings is stable.