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Moody's downgraded baseline credit assessments, long-term ratings of 12 Australian banks

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  1. June 19 (Reuters) - Moody'

    • Moody's takes action on Australian banks
    • Moody's - Downgraded baseline credit assessments, long-term ratings and counterparty risk assessments of 12 Australian banks and affiliates
    • Moody's - Downgrade of Australian banks reflect elevated risks in household sector which heighten sensitivity of banks credit profiles to adverse shock
    • Moody's- long-term ratings of Australia's four major banks, ANZ, CBA, NAB and Westpac, downgraded to Aa3 from Aa2, their BCAs downgraded to a2 from a1

    Source text : http://bit.ly/2rM6N23

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