Moody’s may downgrade ING ratings on EC probe

SAN FRANCISCO (MarketWatch) — Moody’s Investors Service said Monday it may downgrade various ratings of ING Groep NV because of a further probe by the European Commission of an Alt-A Back-up facility provided by the Dutch government. Moody’s has a C+ bank financial strength rating and a Aa3 long-term senior debt ratings on ING Bank NV, and an A1 senior debt rating on ING Groep.

Visit link:
Moody’s may downgrade ING ratings on EC probe