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Moody's revises outlook on RCI Banque's long-term ratings

Moody's on March 13 affirmed France-based RCI Banque SA's Baa1 long-term senior unsecured debt and deposit ratings, and changed the outlook on these ratings to stable from positive.

The outlook revision was prompted by a similar action on the bank's parent, Renault SA.

At the same time, the agency affirmed RCI Banque's standalone baseline and adjusted baseline credit assessment at "baa3," its short-term deposit ratings at Prime-2, and its long- and short-term counterparty risk ratings and counterparty risk assessments at A3/Prime-2 and A3(cr)/Prime-2(cr), respectively.