Companies News/Financial
The
Market Quotes Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.
5 Norwegian banks risk credit score downgrade
Friday, 09 March 2012
Five Norwegian banks risk having their credit ratings lowered by
Moody's. These are five of the Savings Bank's regional banks that have
been put under the microscope on the company's credit rating board for
possible downgrade, according to a statement.
The reason is the possible downgrade is the risk that the banks'
credit quality may decline as the Norwegian house prices and household
debt continues to rise.
By Scancomark.se Team
What do you think about this
article or us? Please leave a comment. Thank you!