Spare Banks May be Downgraded

The Agency has set SpareBank 1 Nord-Norge, SpareBank 1 SMN, SpareBank 1 SR-Bank, Sparebanken Hedmark and Sparebanken Møre on the list of banks that should be reconsidered.

According to TV2’s report based on Moody’s statement published on Friday, the first four all have A1 rating and risk being lowered one notch. Sparebanken Møre has an A2 rating and may be downgraded by up to two notches.

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