Moody's Investors Service has today downgraded Mauritius Commercial Bank Ltd's long-term and short-term deposit ratings to Baa3/Prime-3 from Baa1/Prime-2. Concurrently, Moody's lowered the bank's baseline credit assessment (BCA) to ba1 from baa3 within the D+ standalone bank financial strength rating (BFSR) category. All ratings placed on review for further downgrade.
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