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Deterioration of banks

Written by Ο Τσιγκούνης Thursday, 04 March 2010 19:08

The deterioration of creditworthiness of a bank leads to limited liquidity and rising borrowing costs for this and considered less reliable. As a result of expected higher interest rates on deposits, and further allocations.
This is a comment on " Possible degradation of five banks by Moody's "