Friday, April 26

Moody’s Affirms Credit du Maroc’s Ba1 Local Currency Deposit Ratings; Outlook Stable

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CPI Financial
by Matthew Amlôt

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Moody’s Investors Service, (“Moody’s”) has today affirmed the Ba1/NP local-currency deposit ratings of Credit du Maroc (CdM). Moody’s also affirmed Credit du Maroc’s ba3 baseline credit assessment (BCA), its ba1 adjusted BCA and its Ba2/NP foreign currency deposit ratings, which are constraint by the relevant country ceiling. The overall outlook of the issuer remains stable.

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