New York, June 19, 2015 -- Moody's Investors Service upgraded PNC Bank's long-term deposit rating to Aa2 from Aa3 and confirmed the bank's senior debt and issuer ratings at A2. Moody's also confirmed the bank's Prime-1 commercial paper rating. This action concludes the review that began on 17 March 2015. All other ratings for PNC Bank and its holding company, PNC Financial Services Group, as well as for its other rated subsidiaries, remain unchanged, including the bank's a2 baseline credit assessment (BCA). The outlook is stable.
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