Moody's lowers the debt ratings on five Hungarian banks: K&H Bank, FHB Mortgage Bank, Erste...

|By:, SA News Editor

Moody's lowers the debt ratings on five Hungarian banks: K&H Bank, FHB Mortgage Bank, Erste Bank Hungary and MKB Bank, citing deterioration of asset quality, pressure on profit and capital as well as a risk of weakening in the parent banks' commitment to Hungarian operations.