S&P moves Dutch bank views to stable

S&P said it revised the outlooks on ING Groep NV, Cooperatieve Rabobank UA and NIBC Bank NV to stable from negative.

“The anticipated economic recovery eases downside risks to the operating environment of Dutch banks and drives our revision of the outlooks on a number of Dutch financial institutions to stable. The Netherlands' economy is well diversified across industries and services, without being heavily dependent on tourism or consumer durables, which limits economic volatility,” S&P said in a press release.

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