Spanish Banks Downgraded

Spanish banks have been downgraded by both Fitch Ratings and Standard & Poor’s. Fitch lowered the ratings on Santander, BBVA, Bankia and CaixaBank, while S&P revised its Banking Industry Country Assessment from group 4 to group 5.

  • 14 Feb 2012

Spanish banks have been downgraded by both Fitch Ratings and Standard & Poor’s. Fitch lowered the ratings on Santander, BBVA, Bankia and CaixaBank, while S&P revised its Banking Industry Country Assessment from group 4 to group 5.

Click here to read the story from Reuters.

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