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Danish Danske Bank’s credit rating lowered
Thursday, 15 December 2011
In more confirmation that the Danish financial sector is not doing so well, credit rating agency has hit at Denmark’s biggest bank, Danske Bank.


Fitch has lowered the credit rating of Danske Bank's to A from previous A + in a sector review, where the credit rating agency points to the strong headwinds the banking industry as a whole now faces.

According to media reports, the review  from Fitch also lowered the credit rating of Credit Agricole, OP-Pohjola among other to A + from previous AA, while Rabobank had their ratings lowered to AA from AA +
By Scancomark.se Team

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