Rating

Moody’s Investors Service

Moody’s assigned to Banese a “ba2” individual credit risk profile on the global rating scale and deposit ratings on the Brazilian national scale of “Aa3.br” in the long term and “A-3” in the short term, with a Stable Outlook.

Fitch Ratings

Fitch Ratings has upgraded Banese’s Long-Term National Rating to ‘A- (bra)’, from ‘BBB + (bra)’, and the Short-Term National Rating to ‘F1 (bra)’, from ‘F2 (bra)’. The long-term rating Outlook is Stable.

Rating Agencies’ Classification