Fitch affirms SpareBank 1 SR-Bank's `A-' Long-Term IDR and `a-' VR and revises the Outlook to Negative from Stable since the agency believes the coronavirus outbreak has modest immediate impact on the bank's ratings.

Fitch has downgraded SpareBank 1 SR-Bank's Tier 2 debt by one notch to 'BBB' due to a methodological change.

For more information please contact 

Head of treasury, Dag Hjelle, telephone +47 90950088

Stavanger, March 31 2020
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

https://news.cision.com/sparebank-1-sr-bank/r/sparebank-1-sr-bank-asa--srbank-fitch-changes-rating-outlook-to-negative-from-stable,c3077060

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