27.11.2014 19:31:00
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Danske Bank A/S -- Moody's upgrades Danske Bank to A3; outlook stable
London, 27 November 2014 -- Moody's Investors Service, ("Moody's") has today upgraded Danske Bank A/S's long-term deposit and senior debt ratings to A3 from Baa1 to reflect (1) the improvements and continued positive trend in the group's profitability over recent years; (2) reduced credit risk relating to the non-core operations; (3) reduced refinancing risk in the group's mortgage credit operations; and (4) a stabilisation of the operating environment in the group's main market Denmark.