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18.02.2014 19:19:00
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ING Bank N.V. -- Moody's: Dutch banking system outlook remains negative given expected impact of recession on bank financials
Paris, February 18, 2014 -- The negative outlook for the Dutch banking system reflects the adverse impact the country's recent economic recession is expected to have on Dutch banks, says Moody's Investors Service in a new report published today. Moody's expects that the country's recent recession will drive deterioration in bank financial fundamentals, including rising non-performing loans (NPLs), lower earnings, and, potentially, an erosion in capital levels.
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