SpareBank 1 SR-Bank ASA (SRBANK); Fitch changes rating outlook to Negative from Stable
Fitch affirms SpareBank 1 SR-Bank's ‘A-’ Long-Term IDR and ‘a-’ VR and revises the Outlook to Negative from Stable since the agency believes the coronavirus outbreak has modest immediate impact on the bank's ratings.
Fitch has downgraded SpareBank 1 SR-Bank's Tier 2 debt by one notch to 'BBB' due to a methodological change.
For more information please contact
Head of treasury, Dag Hjelle, telephone +47 90950088
Stavanger, March 31 2020
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.