Again Downgrades in Slovenian Banking Sector

Businessn.a. ♦ Published: August 6, 2012; 18:34 ♦ (Vindobona)

Last week, Moody´s downgraded big Slovenian banks. Now, S&P puts the domestic banking industry under even more pressure.

Again Downgrades in Slovenian Banking Sector / Picture: © Vindobona.org

The financial crisis in Slovenia becomes more and more severe. In the last weeks, not only the Slovenian banking sector was downgraded, also the rating on Slovenia´s sovereign bonds was lowered. . After a downgrade by Moody´s last week, Slovenia´s rating is just two notches above „junk status“.

Moody´s referred to the financially stricken banking industry and the…