Moody's Takes Actions on Four Bulgarian Banks' Ratings After Reassessing Their Vulnerability to Higher Credit Losses Moody's Takes Actions on Four Bulgarian Banks' Ratings After Reassessing Their Vulnerability to Higher Credit Losses

Moody's Takes Actions on Four Bulgarian Banks' Ratings After Reassessing Their Vulnerability to Higher Credit Losses

SeeNews - The Corporate Wire 2009, Nov 27

SeeNews - The Corporate Wire
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Publisher Description

SOFIA (Bulgaria), November 27 (SeeNews) - Global rating agency Moody's said on Friday took rating actions on four Bulgarian commercial banks - First Investment Bank AD, DSK Bank, Raiffeisenbank (Bulgaria) EAD and MKB Unionbank AD - following its reassessment of the vulnerability of their earnings and capital positions to increased credit losses arising from the deepening recession in Bulgaria. Moody's issued the following statement:

GENRE
Business & Personal Finance
RELEASED
2009
November 27
LANGUAGE
EN
English
LENGTH
7
Pages
PUBLISHER
AII Data Processing Ltd.
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
73.5
KB

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