Moody's extends the review for downgrade on supported ratings assigned to Deutsche Bank S.A. (Argentina).
Buenos Aires City, February 15, 2017-- Moody's Latin America Agente de Calificación de Riesgo continues its review for downgrade Deutsche Bank S.A.' s B1 global scale and Aa2.ar national scale local currency deposit ratings. The review was initiated on 2 September 2016 following the sale and purchase agreement announcement signed by its parent, Deutsche Bank AG, to sell its Argentine subsidiary to Banco Comafi S.A. as part of a broader scaling back of its global operations.
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