Sydney, June 19, 2015 -- Moody's Investors Service, ("Moody's") has raised Suncorp-Metway Limited's (SML) baseline credit assessment (BCA) to baa1 from baa2 and affirmed SML's ratings. SML's Adjusted BCA, which measures the probability of a bank requiring support to avoid default beyond the support provided by its affiliates, remains unchanged at a2.

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