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23.12.2015 17:37:00
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Societe Financiere de Banque -- Moody's assigns Baa2 deposit and issuer ratings to SOFIB; outlook positive
London, 23 December 2015 -- Moody's Investors Service has today assigned first-time long-term and short-term local and foreign currency deposit and issuer ratings of Baa2 and Prime-2 to Societe Financiere de Banque (SOFIB). The outlooks on the long-term ratings are positive, in line with the positive outlook on the rating of its parent Peugeot S.A. (Peugeot; Ba3, positive). Moody's has also assigned to SOFIB a Baseline Credit Assessment (BCA) of ba2, an adjusted BCA of baa3 and Counterparty Risk (CR) assessments of A3(cr)/Prime-2(cr).
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