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Arion Bank hf.: Moody’s affirms Arion Bank’s A3 long term issuer ratings with a stable outlook

MARKN.

Moody’s Ratings has affirmed Arion Bank’s long-term and short-term deposit ratings of A2/P-1, the A3 long-term issuer ratings and A3 senior unsecured ratings. The Baseline Credit Assessment (BCA) and Adjusted BCA has been affirmed as baa2.

The outlook on Arion's long-term deposit and issuer ratings is stable, reflecting Moody's expectation that the bank's profitability will continue to benefit from the bank's diversification in a wide range of activities, supporting its capital generation capacity in the next 12-18 months. 

For any further information please contact:

Theodór Friðbertsson, Investor Relations at Arion Bank, ir@arionbanki.is, tel. +354 856 6760 or Eirikur Dor Jonsson, Head of Treasury at Arion Bank, eirikur.jonsson@arionbanki.is, tel. +354 856 7171

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Rating Action Moodys Ratings Affirms Arion 03Jul2024 PR 492681

Datum 2024-07-03, kl 15:50
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Rating Action Moodys Ratings Affirms Arion 03Jul2024 PR 492681
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