Most Popular Stories

  1. SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
  2. Social Media Initiatives Should Follow Customers' Lead
  3. Apple CEO: Offshore Units Not a 'Tax Gimmick'
  4. U.S. Senate Accuses Apple of Large-scale Tax Avoidance
  5. UTEP Water Recycling Project Wins Venture Titles
  6. Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
  7. Bieber Booed at Billboard Awards
  8. Crude Oil Up, Gasoline Down
  9. Austin Startup Compare Metrics Raises $3.5 Million for Expansion
  10. Why So Many Top 'Car Guys' Are Actually Women
More Headlines...
News-To-Go
Newsletters and Email Alerts RSS Feeds
News Column

Moody's Downgrades Three Slovenian Banks

July 26, 2012

Moody's ratings agency on Thursday downgraded the credit of Slovenia's three largest banks for the second time in four months.

Moody's cut Nova Ljubljanska banka (NLB) from Ba2 to B2, Nova Kreditna Banka Maribor (NKBM) from Ba2 to B3 and Abanka Vipava from Ba3 to Caa1.

Moody's last reduced the rating of the three state-owned banks in April, citing their large bad credit portfolios.

The decision had been anticipated.



Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH


Comments
Story Tools
© 2013 HispanicBusiness Inc. All Rights Reserved.