Fitch affirms SpareBank 1 SMNs '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 SMNs Tier 2 debt by one notch from 'BBB+' to
'BBB' due to a methodological change.
For more information please contact
CFO, Kjell Fordal, telephone +47 905 41 672
Trondheim, April 1 2020
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act