PARIS, Dec. 9 (UPI) -- Credit rating agency Moody's Investors Service lowered credit scores for three of the largest banks in France Friday.
Moody's lowered long-term ratings for Societe Generale, BNP Paribas and Credit Agricole by one notch, to A1 for Societe Generale, and to Aa3 for both BNP Paribas and Credit Agricole, the rating agency's Web site said. Moody's top rating is Aaa, then Aaa1,2or 3, which are high-grade, followed by A1,A2,A3 which are upper-medium grade.