Moody's Investor Services has implemented its new rating methodology in
Denmark, and now the rating institute elucidates its assessment of the implicit
support on behalf of the Danish state. The new methodology resulted in the
following ratings of Jyske Bank.
New rating Previous rating
Senior/
Bank deposits Aa1 A1
Subordinated debt
(Tier 2) Aa2 A2
Junior subordinated debt
(Tier 1) Aa3 A3
Individual financial
Strength (BFSR) B- B-
The improvement of Jyske Bank's ratings is expected to strengthen Jyske Bank's
funding capacity.
