New York, April 28, 2016 -- Moody's Investors Service today upgraded Itaú CorpBanca's long-term global local and foreign currency deposit ratings and foreign currency debt rating to A3 from Baa3 and short-term global local and foreign currency deposit ratings to Prime-2 from Prime-3. In addition, Moody's upgraded the bank's baseline credit assessment (BCA) to baa3 from ba1, its adjusted BCA to baa2 from ba1, its long- and short-term Counterparty Risk (CR) Assessments to A2 (cr)/Prime-1(cr) from Baa2(cr)/Prime-2(cr), respectively. All ratings have a stable outlook.
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