Moody's Investor Service has today affirmed Sbankens A3 rating for long-term deposits, with the outlook changed from «Stable» to «Positive». According to Moody's, the outlook is changed as a result of the bank’s low and improving risk profile, solid capital position, strong growth in deposits and resilient profitability.
All other ratings have been affirmed.
Please refer to Moody's press release for further details:
Jesper M. Hatletveit, Head of IR, Sbanken ASA, +47 959 40 045
Øyvind Telle, Head of Treasury, Sbanken ASA, +47 916 88 704
Henning Nordgulen, CFO, Sbanken ASA, +47 952 65 990
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act