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Banco Estado, New York Branch Moody s affirms Banco del Estado de Chile s ratings, outlook remains negative
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February 4, 2021, 3:23 PM·17 min read
Rating Action: Moody s affirms Banco del Estado de Chile s ratings, outlook remains negativeGlobal Credit Research - 04 Feb 2021New York, February 04, 2021 Moody s Investors Service ( Moody s ) has today affirmed all ratings assigned to Banco del Estado de Chile (Banco Estado) and Banco Estado, New York Branch (New York branch), including the A1 long-term deposit, senior unsecured debt and counterparty risk ratings, following the affirmation of the bank s baa3 baseline and adjusted baseline credit assessments (BCA). The bank s short-term deposit, commercial paper and counterparty risk ratings of Prime-1 were also affirmed. In addition, Moody s affirmed Banco Estado s senior unsecured MTN rating of (P)A1 and its counterparty risk assessments of A1 (cr)/Prime-1(cr).The outlook on Banco Estado and its New York branch
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