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BEN’s long term credit rating was downgraded by S&P to BBB+/Stable, while the short-term rating was unchanged at A-2.

S&P down grade in line with the sector: Results impacted by rising competition: Recently, in line with other banks, BEN’s long term credit rating was downgraded by S&P to BBB+/Stable, while the short-term rating was unchanged at A-2. Further, the major banks’ stand-alone credit ratings have also been downgraded by one notch. However, they will receive the benefit of a

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Bank of Queensland Limited downgraded its long-term credit rating

Better positioned for the current business environment: Recently, Standard & Poor’s (S&P) has downgraded its long-term credit rating of Bank of Queensland Limited (ASX: BOQ) to ‘BBB+’ from ‘A-’ as part of a downgrade of ratings on 23 Australian financial institutions, while maintaining a stable outlook. S&P’s decision is based on its view that continued build-up of economic imbalances in

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Two Regional Banks – Bank of Queensland Limited and Bendigo & Adelaide Bank Ltd.

Better positioned for the current business environment: Recently, Standard & Poor’s (S&P) has downgraded its long-term credit rating of Bank of Queensland Limited (ASX: BOQ) to ‘BBB+’ from ‘A-’ as part of a downgrade of ratings on 23 Australian financial institutions, while maintaining a stable outlook. S&P’s decision is based on its view that continued build-up of economic imbalances in

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