Buenos Aires City, May 29, 2015 -- Moody's Latin America Agente de Calificación de Riesgo assigned today a B1 global local currency debt rating to Industrial and Commercial Bank of China (Argentina) S.A. (ICBC Argentina)'s expected issuance of up to ARS 500 million, which will be due in 18 months, under the bank's US $250 million medium-term note program. At the same time, Moody's Latin America assigned a Aaa.ar national scale local currency debt rating to the expected issuance.

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