London, 25 November 2016 -- Moody's Investors Service has today affirmed Principality Building Society's deposit ratings at Baa3. The senior unsecured MTN rating has also been affirmed at (P)Baa3. In today's rating action Moody's downgraded Principality Building Society's long-term Counterparty Risk Assessment (CR Assessment) to Baa1(cr) from A3(cr). The outlook on the long-term deposit ratings remains stable.
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