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Moody's Cuts BRD's Ratings Following SocGen's Downgrade

June 28, 2012

Moody's Investors Service has taken rating actions on five subsidiaries of Societe Generale (SocGen), including Romania's second-largest lender BRD-Groupe Societe Generale (BRD.RO), following the recent downgrade of SocGen's long-term debt and deposit ratings by one notch, to A2 from A1.

The text of this article has been partially taken from the publication:
http://www.mediafax.ro/english/moody-s-cuts-brd-s-ratings-following-socgen-s-downgrade-9782528
Read in full - click here
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