Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for K&H Bank > News item |
Moody's could cut seven Hungarian banks
Moody's Investors Service said it placed the standalone credit assessments and the debt and deposit ratings of seven Hungarian banks on review for downgrade.
The affected banks are: OTP Bank NyRt, OTP Mortgage Bank, K&H Bank, Budapest Bank, FHB Mortgage Bank, Erste Bank Hungary and MKB Bank.
Moody's said the review is prompted by its view that the ongoing adverse environment in which the banks operate has the potential to cause further erosion of the banks' standalone credit risk profiles.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.