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Fitch puts Rabobank on negative credit watch
Friday 14th of October 2011
Fitch currently rates Rabobank "AA+", one notch lower than the "AAA" ratings Standard & Poor's and Moody's have it on.
The Netherlands-based Rabobank is one of five European banks placed on negative watch and Fitch says any downgrades will be one notch although "it is also possible that certain banks could have their ratings affirmed at current levels."
Rabobank has two NZX-li...
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