RBS notes credit ratings action by Moody's

RNS Number : 6017O

Royal Bank of Scotland Group PLC

29 May 2015

 



The Royal Bank of Scotland Group plc

RBS notes credit ratings action by Moody's

29 May 2015

The Royal Bank of Scotland Group plc ("RBS") notes the decision by the credit rating agency Moody's to:

·      Upgrade the long-term deposit and senior unsecured rating of The Royal Bank of Scotland plc and certain of its affiliates by one notch to A3 from Baa1

·      Affirm the short term deposit and senior unsecured rating of The Royal Bank of Scotland plc and certain of its affiliates at P-2

·      Downgrade the long-term deposit and senior unsecured rating of The Royal Bank of Scotland Group plc to Ba1 from Baa2

·      Downgrade the short-term senior unsecured rating of The Royal Bank of Scotland Group plc to Not Prime from P-2

·      Apply a Stable Outlook rating to The Royal Bank of Scotland Group plc and certain of its affiliates

Moody's summary credit ratings:

Entity	Long term deposit and senior unsecured	Outlook	Short term deposit and senior unsecured
The Royal Bank of Scotland Group plc	Ba1	Stable	Not Prime
The Royal Bank of Scotland plc	A3	Stable	P-2
National Westminster Bank plc	A3	Stable	P-2
The Royal Bank of Scotland N.V.	A3	Stable	P-2

For further information, please contact:

RBS Investor Relations 

Matthew Richardson

Head of Debt Investor Relations

[phone]

 

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