Moody’s Lowers Banca Carige’s Ratings

Genova, 1-5-2013 — / — Banca Carige announces that Moody’s has lowered the Bank’s long term rating and short term rating to ‘Ba2/Not-Prime’ from ‘Baa3/Prime-3’ (two notch), and its bank financial strength rating (BFSR) to ‘D’ from ‘D+’. The long-term rating and the BSFR have been placed on review.

The full text of  Moody’s press release is available on the rating agency website

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