Fresh AAA warning as Moody's downgrades Dutch banks

Jonathan Stapleton
clock

Moody's has downgraded the credit ratings of five of the Netherlands' largest banks as the country's economy struggles with a domestic recession and the effects of the eurozone crisis.

The Dutch economy has been in recession for three quarters, with a further contraction likely in Q2, as falling house prices and the wider impact of the eurozone sovereign debt crisis leave it with...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

PRA launches consultation to enable insurers to accelerate UK investment

PRA launches consultation to enable insurers to accelerate UK investment

Framework looks to reduce barriers to enable insurers to benefit from investment opportunities

Martin Richmond
clock 16 April 2025 • 2 min read
UK inflation falls to 2.6% in March amid warnings of further price rises

UK inflation falls to 2.6% in March amid warnings of further price rises

CPIH at 3.4% in March, with inflation down from previous month's 2.8%

Sorin Dojan
clock 16 April 2025 • 2 min read
Nest Insight receives £1.5m commitment from The BlackRock Foundation

Nest Insight receives £1.5m commitment from The BlackRock Foundation

Commitment to help build on work to boost UK savings over the next three years

Holly Roach
clock 15 April 2025 • 1 min read
Trustpilot