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Danske considers capital options after S&P methodology change
July 17, 2013 / 10:59 AM / in 4 years

Danske considers capital options after S&P methodology change

STOCKHOLM, July 17 (Reuters) - Denmark’s biggest financial group Danske Bank said on Wednesday it was considering options after a methodology change by ratings agency Standard & Poor’s led to a lower risk adjusted capital ratio.

A change in methodology by S&P in July has essentially knocked a $1 billion Tier 2 subordinated debt issue by the Danish bank out of its risk adjusted capital, it said.

Danske said no final decision had been made. (Reporting by Mia Shanley)

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