Standard & Poor’s raises Danske Bank’s ratingsStandard & Poor’s raises Danske Bank’s ratings

April 29, 2014

Company Announcement No. 14/2014
Standard & Poor’s has raised Danske Bank Group’s long-term rating to A from A- and its short-term rating to A-1 from A-2. S&P has also changed the outlook for the Group’s ratings from stable to negative.
 
“One of our 2015 targets is to improve our ratings by at least one notch,” says Henrik Ramlau-Hansen, CFO of Danske Bank. “The upgrade from Standard & Poor’s is a good step forward in our efforts to achieve our strategic goals.”
 
Danske Bank’s ratings after the upgrade:
 
Moody's
S&P
Fitch
Long-term
Baa1
A
A
Short-term
P-2
A-1
F1
Outlook
Positive
Negative
Stable
 
 
 
Danske Bank A/S
 
 
 
Contacts:
Henrik Ramlau-Hansen, CFO, tel. +45 45 14 06 66
Kenni Leth, Head of Press Relations, tel. +45 45 14 56 83 / +45 51 71 43 68