As a result of changes in the rating methodology for banks Moody Investor Service has published and confirmed several new rating changes for norwegian banks.
Moody's Investor Service upgrades their deposit and senior unsecured ratings on SpareBank 1 SMN to A1 stable from A2 ratings under review.
https://www.moodys.com/research/Moodys-concludes-review-on-12-Norwegian-banks-ratings--PR_324922
Trondheim 12th May 2015
Contact person at SpareBank 1 SMN
CFO Kjell Fordal tel +47 905 41 672
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SpareBank 1 SMN via Globenewswire
HUG#1920817