Wednesday, December 7, 2011

Rating of Major Dutch Bank Cut

The Dutch cooperative bank Rabobank lost its triple-A rating from Standard and Poor. About 15 other banks were downgraded, but Rabobank was the only one that was taken down two notches. Its current rating of double-A still makes it the highest rated privately owned bank in the world.
www.reuters.com/article/2011/11/30/us-rabobank-rating-idUSTRE7AT0UP20111130

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