S&P acts on Danish banks

S&P said it revised its outlooks on Nykredit Realkredit AS and DLR Kredit AS to positive from stable, while maintaining its positive outlooks on Danske Bank AS and Jyske Bank AS.

The agency affirmed the ratings on all four banks.

“The actions stem from our review of the Danish banking sector, and reflect that we now see economic risks, in particular credit risk, as reducing,” S&P said in a news release.

“We now see the economic risk trend for the Danish banking industry as positive rather than stable.”

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