RaboBank downgraded again, Danske (NIB) also downgraded

L

Lightning

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Fitch have downgraded RaboBank (Rabodirect and ACCBank) and also Danske (NIB).

http://www.independent.ie/business/irish/fitch-downgrades-rabobank-and-danske-2965938.html

On Danske Bank Fitch said ...

Fitch also cited the continued "deterioration" in the quality of Danske's Irish loans as a contributory factor to its downgrade.
Click to expand...

On RaboBank Fitch said ...

The cut to Rabobank's rating was attributed to "material market and fundamental challenges facing many banks globally", as well as the "constraints" imposed by the bank's mutual status which make capital raising more challenging
Click to expand...
 
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