Monday 06, November 2017 by Matthew Amlôt

Moody's downgrades Banco Angolano de Investimentos to B2 stable

Moody's Investors Service has today downgraded Banco Angolano de Investimentos, S.A.'s (BAI) global long-term local currency deposit ratings to B2 from B1, global long-term foreign currency deposit ratings to B3 from B2 and long-term Counterparty Risk Assessment (CR Assessment) to B2(cr) from B1(cr). The rating outlook on the long-term deposit ratings has changed to stable from negative.

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