Nordea's AA- rating affirmed
(Thomson Reuters ONE) -
On Tuesday the rating agency Standard & Poor's affirmed Nordea's AA- rating with
a stable outlook, stating that the bank has a strong business position with
adequate capital and earnings.
- This reaffirms our strong financial position and is an indication that our
relationship banking strategy is working, says CFO Fredrik Rystedt.
Few banks in Europe have as high a rating as Nordea, and it reflects that
Nordea's repayment ability is perceived to be very good. Standard & Poor's also
states that the funding and liquidity profile is seen as adequate and that
Nordea is less vulnerable to market turbulence than other banks due to its well-
diversified business model.
- This is yet another proof of the financial markets' strong confidence in
Nordea and underpins our efforts to become one of Europe's leading banks with
focus on strong customer relations. In its research Standard & Poor's emphasises
that Nordea is expected to progress steadily with adequate capital and a
resilient risk profile, says Fredrik Rystedt.
For further information:
Rodney Alfvén, Head of Investor Relations, +46 8 614 78 80
Erik Durhan, Press Officer, Sweden, +46 8 534 914 36
Press release (PDF):
http://hugin.info/1151/R/1567432/486918.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: Nordea via Thomson Reuters ONE
[HUG#1567432]
Unternehmensinformation / Kurzprofil:
Datum: 30.11.2011 - 09:01 Uhr
Sprache: Deutsch
News-ID 92341
Anzahl Zeichen: 1957
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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