|
|
Article: DENMARK: MOODY'S CONCLUDES REVIEW OF NINE DANISH FINANCIAL INSTITUTIONS.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- September 9, 2009
CopyrightCOPYRIGHT 2009 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Moody's Investors Service today downgraded the long-term ratings of five Danish banks: Jyske Bank A/S (by two notches), Amagerbanken A/S, Nykredit Bank A/S, Spar Nord Bank A/S and Sydbank A/S (all by one notch). The long-term ratings of FIH Erhvervsbank A/S were confirmed with a stable outlook and the long-termrating of Ringkj?bing Landbobank A/S was confirmed with a negative outlook. In addition, the bank financial strength ratings (BFSRs) of five Danish banks were downgraded: FIH Erhvervsbank and Nykredit Bank by two notches and Amagerbanken, Jyske Bank and Spar Nord Bank by one notch. Moody's will comment on its rating actions on Nordea Bank Danmark A/S in a separate ...