Article: SLOVENIA: POSSIBLE UPGRADE FOR TO SKB BANKA.(Brief Article)

Moody's Investors Service has placed on review for possible upgrade the A1 long-term foreign currency deposit rating assigned to SKB Banka (SKB) following a similar rating action for Societe Generale of France (SocGen) which owns 99.6% of SKB. Moody's said that this rating action will focus solely on the likelihood and degree of support SocGen is likely to extend to SKB if the latter were to face financial difficulties. Moody's notes that the sovereign ceiling for foreign currency deposits in Slovenia is Aa3, and as such there is room for SKB's deposit rating to be ...

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