Our view of the credit strength of the wider AUL group has improved, stemming from greater clarity over the group's overall capital position, which we now view as superior to our previous assessment, and from our enhanced view of the business diversification of the group across its three business units. We see an increase in the rating benefit that we ascribe to AUB stemming from our improved credit view of the wider group. AUB remains a strategically important member of the AUL group, reflecting the bank's importance to the group's overall strategy and integration with the group's operations. We are raising our long-term issuer credit rating on AUB to 'BBB+' from 'BBB'. The stable outlook on AUB reflects our expectation
