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Changed ratings outlook

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Moody’s Investors Service have changed the rating outlook for a number of European banks due to the recently agreed BRRD (Bank Recovery and Resolution Directive) and SRM (Single Resolution Mechanism) in the EU.

Moody’s changed the ratings outlook of DNB Bank ASA, from A1 stable outlook, to A1 negative outlook. See attached press release for further details.

Standard and Poor’s Rating Service confirmed DNB Bank ASA’s rating of A+ stable outlook, 30 April 2014.

Link: https://www.moodys.com/research/Moodys-changes-outlooks-to-negative-on-82-long-term-European--PR_300582?WT.mc_id=MDCAlerts_realtime

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