Arab Today, arab today standardpoor\s downgrades 5 spanish banks
Last Updated : GMT 12:34:44
Arab Today, arab today
Arab Today, arab today

Standard & Poor\'s downgrades 5 Spanish banks

Arab Today, arab today

Arab Today, arab today Standard & Poor\'s downgrades 5 Spanish banks

Madrid - AFP

Standard & Poor\'s on Friday lowered the credit rating of five Spanish banks in a move that follows the agency\'s downgrade of Spain last month. The affected banks are Banco Popular, Bankinter, Banca Civica and Bankia along with its parent Banco Financiero y de Ahorro (BFA), the ratings agency said in a statement.

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