German Landesbanks’ Senior Debt, Deposits Downgraded

Moody’s Investors Service has taken action on the senior debt and deposit ratings of 12 German Landesbanken based on assumptions they will rely less on government support in the future.

  • 17 Nov 2011
Moody’s Investors Service has taken action on the senior debt and deposit ratings of 12 German Landesbanken based on assumptions they will rely less on government support in the future. Moody’s noted, however, that since the banks are ultimately owned by the government, the senior ratings “continue to ...

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