Moody's changes outlook on SpareBank 1 SR-Bank to stable from negative (Norway)
WED 2010 08 SEP 08:50:AM (GMT: WED 2010 08 SEP 06:50:AM)
HUGIN
SpareBank 1 SR-Bank
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.
[HUG#1443152]
Moodys changes outlook on SpareBank 1 SR-Bank :
http://hugin.info/149/R/1443152/387387.pdf
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Source: SpareBank 1 SR-Bank via Thomson Reuters ONE