06.12.2013 20:12:00
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CorpBanca -- Moody's downgrades CorpBanca and CorpGroup Banking; continues review for downgrade
New York, December 06, 2013 -- Moody's Investors Service has today downgraded CorpBanca's global local and foreign currency deposit and debt ratings to Baa3 from Baa2, and lowered the bank's short term deposit ratings to Prime-3 from Prime-2. Moody's also lowered the bank's standalone baseline credit assessment (BCA) to ba1 from baa3, which maps to a D+ standalone bank financial strength rating (BFSR).