Frankfurt am Main, July 19, 2013 -- Moody's Investors Service has today taken rating actions on seven rated banks that are part of the Austrian Raiffeisen Bankengruppe (RBG; unrated). Moody's has downgraded the long-term senior ratings of five banks by one notch and affirmed the ratings of two entities. Further to these actions, Moody's has assigned stable outlooks to the ratings of three banks while the ratings of four banks carry a negative outlook.

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