
Mortgage News
Kiwibank outlook downgraded
Wednesday 22nd of May 2013
It blamed rising economic risks that could affect the bank’s credit standing.
S&P said it had affirmed its ``A+/A-1'' corporate credit and related debt ratings on NZ Post and KiwiBank.
But it said: “At the same time, we revised the outlook on the long-term ratings for both entities to negative from stable.”
It has recently downgraded the outlooks of eight other le...
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