Moody's downgrades French bank credit ratings

Ratings agency Moody's has downgraded three leading French banks, citing the worsening eurozone debt crisis.

Moody's downgrades French bank credit ratings
Fri, 09 Dec, 2011 - 07:59

Ratings agency Moody's has downgraded three leading French banks, citing the worsening eurozone debt crisis.

After a review, Moody's reduced the overall strength rating and debt ratings of BNP Paribas, Societe Generale and Credit Agricole.

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