Moody's downgrades SpareBank 1 Nord-Norge to A1/C from Aa3/C+

 

P-1 short-term rating affirmed

 

Moody's Investors Service has downgraded SpareBank 1 Nord-Norge's long-term debt and deposit ratings to A1 from Aa3 and its bank financial strength rating (BFSR) to C from C+. The Prime-1 short-term rating was affirmed. The outlook on SpareBank 1 Nord-Norge's BFSR is negative. The long-term ratings have a stable outlook.

  

 

CFO Rolf Eigil Bygdnes +47 905 19 774