DBRS: Nordea Bank unchanged

DBRS said that the ratings for Nordea Bank AB and its main operating banks, including Nordea Bank's senior debt and deposits rating of AA, are unaffected following the 1Q11 results.

The trend is stable.

The group announced a net profit of $742 million in 1Q11, DBRS said.

The ratings consider the group's continued efforts on advancing its market position, funding and liquidity profile and its overall financial profile, the agency said.

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