Moody's Cuts BRD's Ratings Following SocGen's Downgrade

06.26.2012 ZF English

Moody's Investors Service has taken rating actions on five subsidiaries of Societe Generale (SocGen), including Romania's second-largest lender BRD-Groupe Societe Generale (BRD.RO), following the recent downgrade of SocGen's long-term debt and deposit ratings by one notch, to A2 from A1.

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Keywords:
MOODY'S
, BRD
, RATINGS