Standard & Poor’s downgraded Dutch banks ABN AMRO, Rabobank and others Friday citing their exposure to a deeper economic slump in the Netherlands and the recession-hit eurozone.
The ratings on the two leading Dutch banks were cut by one notch each, to A from A+ for ABN AMRO and to AA- from AA for Rabobank.
S&P downgrades ABN Amro, Rabobank
