These notes were for an amount up to Mx$700 million. This was the third issuance under Banco Interacciones's program of non-convertible subordinated notes eligible for Tier 2 capital treatment established for up to Mx$2 billion. The program was originally rated by Moody's on 20 December 2010.

The following ratings were affirmed for Banco Interacciones's third issuance of preferred and non convertible subordinated notes of up to Mx$700 million:

Long term global local currency subordinated debt rating of B1

Long term Mexican National Scale subordinated debt rating of Baa1.mx

RATINGS RATIONALE

The long term global local currency and Mexican National Scale subordinated debt ratings are based on the bank's deposit ratings. The notes issued under Banco Interacciones's Subordinated Debt Program rank pari passu with other subordinated obligations of the bank.

Moody's National Scale Ratings (NSRs) are intended as relative measures of creditworthiness among debt issues and issuers within a country, enabling market participants to better differentiate relative risks. NSRs differ from Moody's global scale ratings in that they are not globally comparable with the full universe of Moody's rated entities, but only with NSRs for other rated debt issues and issuers within the same country. NSRs are designated by an ".nn" country modifier signifying the relevant country, as in ".mx" for Mexico. For further information on Moody's approach to national scale ratings, please refer to Moody's Rating Methodology published in October 2012 entitled "Mapping Moody's National Scale Ratings to Global Scale Ratings".

The long-term Mexican National Scale rating of Baa1.mx indicates issuers or issues with average creditworthiness relative to other domestic issuers.

The principal methodology used in these ratings was Moody's Consolidated Global Bank Rating Methodology published in June 2012. Please see the Credit Policy page on www.moodys.com for a copy of this methodology.

The date of the Last Credit Rating Action on Interacciones was on 31 August 2012, when Moody's assigned Baa1.mx to Banco Interacciones's proposed subordinated notes.

Interacciones is headquartered in Mexico City. As of 30 September 2012, the bank reported Mx$93.5 billion in assets (source: Banco Interacciones, S.A.).

The period of time covered in the financial information used to determine the rating is between 31 December 2006 and 30 September 2012 (source: Moody's, Issuer's financial statements, CNBV and Banxico).

The sources and items of information used to determine the rating include 2011 and 2012 interim financial statements (source: Banco Interacciones, S.A.); year-end 2011 audited financial statements (source: Banco Interacciones, S.A., audited by Salles Sainz Grant Thornton); financial statements and information on market position (source: CNBV); regulatory capital information (source: Banco de Mexico); debt offering memorandum (Banco Interacciones, S.A.).

The date of the last Credit Rating Action was 31 August 2012.

Additional information on Rating Symbols and Definitions, issuer, lead analyst, ratings history, etc. can be found in Moody's local website www.moodys.com.mx.

REGULATORY DISCLOSURES

The Global Scale Credit Ratings on this press release that are issued by one of Moody's affiliates outside the EU are endorsed by Moody's Investors Service Ltd., One Canada Square, Canary Wharf, London E 14 5FA, UK, in accordance with Art.4 paragraph 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. Further information on the EU endorsement status and on the Moody's office that has issued a particular Credit Rating is available on www.moodys.com.mx.

For ratings issued on a program, series or category/class of debt, this announcement provides relevant regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series or category/class of debt or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. For ratings issued on a support provider, this announcement provides relevant regulatory disclosures in relation to the rating action on the support provider and in relation to each particular rating action for securities that derive their credit ratings from the support provider's credit rating. For provisional ratings, this announcement provides relevant regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com.mx.

A general listing of the sources of information used in the rating process, and the structure and voting process for the rating committees responsible for the assignment and monitoring of ratings can be found in the Disclosure tab in www.moodys.com.mx.

In compliance with regulatory requirements, Moody's de Mexico has been informed that during the two-month period prior to the execution of the rating agreement governing this rating assignment, HR Ratings de México, S.A. de C.V. has assigned a rating of HR A on the same issuer/securities referred to in this press release.

Moody's considers the quality of information available on the rated entity, obligation or credit satisfactory for the purposes of issuing a rating.

Moody's adopts all necessary measures so that the information it uses in assigning a rating is of sufficient quality and from sources Moody's considers to be reliable including, when appropriate, independent third-party sources. However, Moody's is not an auditor and cannot in every instance independently verify or validate information received in the rating process.

Please see Moody's Rating Symbols and Definitions on the Rating Process page on www.moodys.com.mx for further information on the meaning of each rating category and the definition of default and recovery.

Please see ratings tab on the issuer/entity page on www.moodys.com.mx for the last rating action and the rating history. The date on which some ratings were first released goes back to a time before Moody's ratings were fully digitized and accurate data may not be available. Consequently, Moody's provides a date that it believes is the most reliable and accurate based on the information that is available to it. Please see the ratings disclosure page on our website www.moodys.com.mx for further information.

Please see www.moodys.com.mx for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.

The ratings issued by Moody's de Mexico are opinions regarding the credit quality of securities and/or their issuers and not a recommendation to invest in any such security and/or issuer.

David Olivares Villagomez VP - Senior Credit Officer Financial Institutions Group Moody'sde Mexico S.A. de C.V Ave.Paseo de las Palmas No. 405 - 502 Col. Lomas de Chapultepec Mexico, DF 11000 Mexico JOURNALISTS: 001-888-779-5833 SUBSCRIBERS:52-55-1253-5700Maria Celina Vansetti-Hutchins MD - Banking Financial Institutions Group JOURNALISTS: 212-553-0376 SUBSCRIBERS: 212-553-1653 Releasing Office: Moody's de Mexico S.A. de C.V Ave.Paseo de las Palmas No. 405 - 502 Col. Lomas de Chapultepec Mexico, DF 11000 Mexico JOURNALISTS: 001-888-779-5833 SUBSCRIBERS:52-55-1253-5700(C) 2012 Moody's Investors Service, Inc. and/or its licensors and affiliates (collectively, "MOODY'S"). All rights reserved.

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