03.10.2016 14:05:00
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GCB Bank Limited -- Moody's affirms GCB Bank's B3 local currency deposit rating; outlook changed to stable from negative
London, 03 October 2016 -- Moody's Investors Service today affirmed GCB Bank Limited's local currency deposit ratings at B3/NP and changed the outlook to stable from negative. At the same time, Moody's has affirmed the bank's baseline credit assessment (BCA) and adjusted BCA at b3, the counterparty risk assessment (CR assessment) at B2(cr)/NP(cr), and the foreign currency deposit ratings at Caa1/NP, the latter constrained by the relevant country ceiling.