Royal Bank of Scotland Group PLC RBS notes credit ratings action by Moody's (6017O)

TIDMRBS

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

For further information, please contact:

RBS Investor Relations

Matthew Richardson

Head of Debt Investor Relations

[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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