Moody's takes positive rating actions on two Moroccan banks
Bank rating actions follow the affirmation of the Moroccan sovereign rating and the change in outlook to positive from stable. Limassol, February 28, 2017-- Moody's Investors Service has today affirmed the Ba1/NP local-currency deposit and Ba1 foreign-currency senior unsecured debt ratings of BMCE Bank and changed the outlook to stable from negative. Moody's also affirmed BMCE's Ba2/NP foreign-currency deposit ratings and its B1 foreign-currency subordinate debt...
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