They go down one step Bnp Paribas, Crédit Agricole and Société Générale. In the night Moody's downgraded the long-term credit ratings of three major French banks: the first two go down to “Aa3”, the third to “A1”.
This was communicated by the same American agency, specifying that theoutlook it remains anyway negative. The decision comes at the end of an in-depth examination that began in mid-June and extended to mid-September (when there was already a first downgrade for Agricole and Socgen).