Moody's Downgrades Ratings for Three Slovenian Banks

Ljubljana, 27 September - Global rating agency Moody's has followed up its downgrade of Slovenia's government debt rating from Aa2 to Aa3 last week with an equal downgrade for the issuer rating of the state-owned development bank SID banka, as well as for the government-guaranteed bond ratings of SID banka and two of Slovenia's top three commercial banks.