Standard & Poor’s changes outlook for Danske Bank’s A rating to stable

July 13, 2015

Company Announcement No. 26/2015


Standard & Poor’s (S&P) has changed its outlook for Danske Bank Group’s A rating from negative to stable because of Danske Bank’s improved earnings and improving capital base. The change has been made despite the fact that the implementation of the Bank Resolution Recovery Directive (BRRD) in Denmark in June 2015 led S&P to revise its rating of Danish banks because distressed banks are no longer expected to be bailed out by the Danish state.

“We see the change in outlook from S&P and the upgrade by Moody’s in June as an acknowledgement of our initiatives in recent years, and our ratings now meet our strategic ambitions for 2015,” says Henrik Ramlau-Hansen, CFO of Danske Bank.

Danske Bank’s current ratings after the change of outlook by S&P:

​Moody’s ​S&P ​Fitch
​Long-term ​A2 ​A ​A
​Short-term ​P-1 ​A-1 ​F1
​Outlook ​Stable ​Stable ​Stable


Danske Bank A/S

Contact:
Claus Ingar Jensen, Head of Investor Relations, tel. +45 45 12 84 83
Kenni Leth, Group Press Officer, tel. +45 45 14 14 00
Contact

Head office


Danske Bank Group
Holmens Kanal 2-12 1092 Copenhagen K

Find us on a map

Call us at any time


33 44 00 00

Send us a mail More contact info

Direct contacts for


Investors Job seekers Journalists Shareholders Suppliers Corporate Responsibility