Friday 27th May 2011 |
Text too small? |
Credit rating company Moody's Investors Service has cut the ratings of the four major New Zealand banks by a notch, citing the state of the economy.
The ratings of ANZ National Bank, BNZ, ASB and Westpac have been cut to Aa3 from Aa2.
The cut comes after a review of bank ratings by Moody's. The outlook of the ratings is now stable.
NZPA
No comments yet
Fonterra appoints permanent COO
Manawa Energy FY24 Annual Results & Webcast Details
Seeka Provides the Results of Meeting - ASM
April 19th Morning Report
PGW Guidance Update
CNU - Commerce Commission releases draft expenditure decision
Spark announces departure of Product Director
TGG - T&G appoints new Director
April 18th Morning Report
SKC - APPOINTMENT OF CHIEF EXECUTIVE OFFICER