Improved ratings outlook from Moody's
(Thomson Reuters ONE) -
Moody's Investor Service has changed its ratings outlook on SpareBank 1
Nord-Norge from negative to stable. The change in outlook covers the bank's A1
long term debt and deposit rating, and the C Bank Financial Strength Rating
(BFSR). The outlook on the bank's subordinated debt and hybrid instrument
ratings were also changed from negative to stable. The Prime?1 short?term rating
was affirmed.
SpareBank 1 Nord-Norge is satisfied by the revised ratings outlook from Moody's
which is considered to be the result of - among other factors - the good quality
in the bank's loan book and good financial performance over time.
Please find the full press release from Moody's attached.
Contact person at SpareBank 1 Nord-Norge:
CFO Rolf Eigil Bygdnes +47 905 19 774
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1443762]
Improved ratings outlook from Moody:
http://hugin.info/147/R/1443762/387705.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SpareBank 1 Nord-Norge via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 10.09.2010 - 09:56 Uhr
Sprache: Deutsch
News-ID 42120
Anzahl Zeichen: 0
contact information:
Town:
Tromsø
Kategorie:
Business News
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"Improved ratings outlook from Moody's"
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SpareBank 1 Nord-Norge (Nachricht senden)
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