Fortis Bank Loses ¼20.6 billion in 2008; More Challenges Ahead - Issuer Comment - 2009/04/19 - Moody's Global Credit Research

Report title: Fortis Bank Loses ¼20.6 billion in 2008; More Challenges Ahead

from Moody's Global Credit Research
3 page (1404 word) report published Apr 19, 2009

Price $150.00 available for immediate download

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...April 2009 Issuer Comment Moody's Global Banking - Fortis Bank Loses 20.6 billion in 2008; More Challenges Ahead Issuer Comment Moody's Global Banking...

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Issuer Comment

Issuer:

Fortis Bank S.A./N.V.

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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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