spain sp cut ratings of 11 banks
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Spain, S&P cut ratings of 11 banks

Egypt Today, egypt today

Egypt Today, egypt today Spain, S&P cut ratings of 11 banks

Rome - ANSA

The agency Standard and Poor's has cut the credit rating of 11 Spanish banks following a lowered judgement on Spain's sovereign debt last week to BBB-: one level above 'junk'. In particular the agency cut Santander's rating two levels, depriving the bank of its A- rating and classifying it BBB with a negative outlook.

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spain sp cut ratings of 11 banks spain sp cut ratings of 11 banks



 
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