Ratings agency Moody's has downgraded five Dutch banking groups including ING, Rabobank, and ABN AMRO, and Belgium's biggest bank and insurer KBC Group. <br /><br />Moody's cited concerns over recession, regional debt crises, and dependence on wholesale funds as the reasons for the cut. <br /><br />The agency predicts tough operating conditions for the Dutch banks until at least the year's end.<br />http://www.euronews.net/
