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Moodys downgrades three big Nordic banks
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STOCKHOLM/OSLO (Reuters) - Three of the Nordic region's biggest banks had their credit ratings cut by Moody's Investor Service on Friday due partly to the euro zone crisis, but the downgrades were relatively mild and showed the banks remain some of the strongest in Europe. Moody's cited their reliance on market funding, tough competition for retail loans and exposure to the spreading eurozone debt crisis. ...
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Real Estate: Business: Moodys downgrades three big Nordic banks
Date Listed : Friday, May 25, 2012
Source : Yahoo! News: Business, Business; Copyright (c) 2005 Yahoo! Inc. All rights reserved.
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