- Rabo and ING Direct downgraded by Moody's
18 June 2012 7:13amTwo Dutch banks and one Dutch financier active in the Australian market had their long-term credit ratings cut by Moody's Investors Service on Friday.
Moody's lowered Rabobank Nederland, Rabobank Australia and Rabobank New Zealand ratings to Aa2, from Aaa.
It also cut the rating of ING Bank NV, to A2 from Aa3.
And it lowered the ratings of LeasePlan Corporation and LeasePlan Australia to Baa2, from A3.