Moody's changes outlook on SpareBank 1 SR-Bank to stable from negative (Norway)

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Moody's Investors Service has today changed to stable from negative the outlook on the C- bank financial strength rating (BFSR) and the A1 long-term debt and deposit ratings of SpareBank 1 SR-Bank.

 

The outlook on the bank's subordinated debt and hybrid instrument ratings was also changed to stable. The Prime-1 short-term rating was affirmed.

 

SpareBank 1 SR-Bank is satisfied by the revised outlook and view the positive change as a consequence of good quality in the lending books, and healthy financial performance over time.

 

Please find the full press release from Moody's attached.

 

 

For further details, please contact:
Inger Reinertsen, Chief Financial Officer, telephone +47 909 95 033
Vidar Torsøe, Deputy CFO, telephone + 47 970 80656


This information is disclosed in compliance with section 5-12 of the Securities Trading Act.