Report
EUR 652.68 For Business Accounts Only

Desjardins Group, National Bank of Canada : Desjardins' retail focus lifts its credit profile above that of National's more capital markets-centered business

FINANCIAL INSTITUTIONS ISSUER IN-DEPTH 11 December 2017 RATINGS Federation des caisses Desjardins du Quebec Outlook Negative Bank Deposits (Foreign and Domestic) Aa2 Baseline Credit Assessment a1 National Bank of Canada Outlook Negative Bank Deposits (Foreign and Domestic) A1 Baseline Credit Assessment baa1 Source: Moody's Investors Service Contacts Jason Mercer, CFA
Underlying
National Bank of Canada

Provider
Moody's Investors Service
Moody's Investors Service

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