Moody's Takes Actions on Austrian Banks

Businessn.a. ♦ Published: February 22, 2012; 13:21 ♦ (Vindobona)

The U.S. rating agency has a closer look on Austrian banks, which are related to the creditworthiness of public institutions.

Moody's Takes Actions on Austrian Banks / Picture: © Moody's Investors Service, Inc. - Annual Report 2013

Moody's Investors Service has taken actions on the ratings of several Austrian banks benefiting from the creditworthiness of Austrian federal states or municipalities, on which Moody's took actions on 15 February 2012.

The ratings of the senior unsecured and subordinated debt instruments of several banks that are guaranteed by individual Austrian federal states or municipalities…

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