Dynamic neural networks with different time-scales include the aspects of fast and slow phenomenons. Some applications require that the equilibrium points of the designed networks are stable. In this paper, the passivity-based approach is used to derive stability conditions for dynamic neural networks with different time-scales. Several stability properties, such as passivity, asymptotic stability, input-to-state stability and bounded input bounded output stability, are guaranteed in certain senses. A numerical example is also given to demonstrate the effectiveness of the theoretical results.