Moody’s changed DNB Bank ASA’s senior unsecured rating

Moody’s announced yesterday multiple rating actions following publication of their new bank rating methodology.

Moody’s changed DNB Bank ASA’s senior unsecured rating from A1 negative outlook, to A1 review for upgrade. Other ratings of DNB Bank ASA were also placed on review for upgrade, including, but not limited to, the Baseline Credit Assessment and Deposits rating. For further details and complete overview of all rating actions related to DNB please see attached press release.

Moody’s expects to conclude the majority of its reviews in the coming few months.

Moody’s press release

Contact:
DNB Group executive vice president Corporate Communications , Thomas Midteide, mob phone +4796232017

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