CUA assigned Moody’s credit rating

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13 July 2015

 

Moody’s has assigned a first-time rating to Credit Union Australia (CUA) of A3. CUA already has a BBB+ rating with a stable outlook stable from S & P which it received in 2012. The investment grade rating was granted on the basis of CUA’s mutual ownership structure, strong asset quality and its common equity tier 1 ratio of 14.4%.

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