Moody’s raises Danske Bank’s long-term rating


 

Company announcement
 
27 November 2014
 
 
Announcement No. 25/2014
 
 
   
 
 
 
 

Moody’s raises Danske Bank’s long-term rating

 

Moody’s has raised Danske Bank Group’s long-term rating to A3 from Baa1. The short-term rating is unchanged at P-2, while the Group’s BCA (Baseline Credit Assessment) rating has been raised to baa1 from baa2. Moody’s has also changed the outlook for all of Danske Bank’s ratings from positive to stable.

“We are pleased to see Moody’s acknowledge the continually positive development at Danske Bank,” says Henrik Ramlau-Hansen, CFO of Danske Bank. “With the Standard & Poor’s upgrade in April and this announcement from Moody’s, we are one step closer to meeting our strategic goals for improved ratings.”

Danske Bank’s ratings after the upgrade:

  

  Moody's S&P Fitch
Long-term A3 A A
Short-term P-2 A-1 F1
Outlook Stable Negative Stable

 

Danske Bank A/S

 

  

Contacts:

Henrik Ramlau-Hansen, CFO, tel. +45 45 14 06 66

Kenni Leth, Group Press Officer, tel. +45 45 14 56 83/+45 51 71 43 68


Attachments

Company announcement No. 25 2014.pdf