Danske Bank Outlook Cut to ‘Negative’ at Fitch on Danish Economy
This article is for subscribers only.
Danske Bank A/S, Denmark’s biggest lender, had its outlook lowered at Fitch Ratings, which cited weakness in the Irish and Danish economies.
Fitch cut the outlook on Danske’s long-term issuer default rating to “negative” from “stable” while keeping the Copenhagen-based bank at “A+," it said late yesterday in a statement.