Moody's confirms rating

Yesterday Moody's announced the following regarding SpareBank 1 SR-Bank's rating:
-         Long-term deposit, senior unsecured and issuer ratings confirmed at A1, with negative outlook;
-         Subordinate ratings confirmed at A2, with negative outlook;
-         Preferred stock ratings confirmed at A3, with negative outlook;
-         C- BFSR with negative unaffected;
-         Prime-1 short rating unaffected
Moody's last rating action on SpareBank 1 SR-Bank was on 22 July 2009 when long-term ratings were placed on review for possible downgrade.
Contact persons at SpareBank 1 SR-Bank
Director Capital Markets Stian Helgøy, +47 906 52 173
Investor Relations Manager Kyrre M. Knudsen, + 47 938 83 518

About Us

SpareBank 1 SR-Bank is Norway’s second largest savings bank and operates in the Rogaland, Agder and Hordaland markets. We provide financial products and services, including loans and deposits, mutual funds and asset management, insurance and pension savings, payment and financing services, real estate brokerage and services related to the money and capital market. The head office is in Stavanger.