London, 05 July 2013 -- Moody's Investors Service has said today that the lowering of the rating trigger for the replacement of the transaction account bank will not, in and of itself and at this time, result in a downgrade or withdrawal of the current A2 ratings (on review for downgrade) of the notes issued by Banco Popolare Societa Cooperativa (deposits Baa3 on review for downgrade, standalone bank financial strength rating D+ / baseline credit assessment BCA ba1 on review for downgrade).

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