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Financial News

Tuesday September 8, 08:53 PM
BRIEF-Moody's downgrades five Danish fin institutions

Sept 8 (Reuters):

* Moody's concludes review of nine Danish financial institutions

* Moody's downgrades the long-term ratings of Jyske Bank A/S (Copenhagen: JYSK.CO
- news) (by two notches), Amagerbanken A/S (Copenhagen: 3162.CO - news) , Nykredit Bank A/S, Spar Nord Bank A/S (Copenhagen: SPNO.CO - news) and Sydbank A/S (Copenhagen: SYDB.CO - news) (all by one notch)

* Moody's downgrades the bank financial strength ratings of FIH Erhvervsbank and Nykredit Bank by two notches and Amagerbanken, Jyske Bank and Spar Nord Bank by one notch

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Amagerbanken A/S
3162.CO
23.50
+11.90%
Jyske Bank A/S
JYSK.CO
197.80
-0.75%
Spar Nord Bank A/S
SPNO.CO
62.50
+1.63%
Sydbank A/S
SYDB.CO
142.60
+0.42%
THOMSON REUTERS
TRI.TO
36.10
+1.78%
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