Madrid, July 08, 2015 -- Moody's Investors Service has today confirmed Novo Banco S.A.'s and its supported entities' long-term deposit ratings at B2 and has upgraded the long-term senior unsecured debt ratings to B2 from B3. The outlook on the deposit and senior unsecured debt ratings is developing. Furthermore, Moody's assigned to Novo Banco a Counterparty Risk Assessment (CR Assessment) of B1(cr)/Not Prime(cr).

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