Investor Relations
Rating
S&P Global Rating
| Category | Arion Bank | Covered bonds | The Republic of Iceland* |
|---|---|---|---|
| Long term | BBB | A+ | A+ |
| Short term | A-2 | A-1 | |
| Outlook |
Stable | Stable | Stable |
| Last rating action |
17 November 2023 | 27 November 2023 | 10 November 2023 |
*Foreign currency obligations. Please visit www.cb.is for further information.
Moody's
| Deposit rating | Arion Bank |
|---|---|
| Long-term | A2 |
| Short-term | P-1 |
| Outlook | Stable |
| Last rating action | 14 Sept. 2023 |
| Issuer rating | Arion Bank | The Rep. of Iceland |
|---|---|---|
| Long-term | A3 | A2 |
| Short-term | ||
| Outlook | Stable | Positive |
| Last rating action | 14 Sept. 2023 |
Rating development - Standard & Poor's (S&P)
| Date | Long term | Short term | Outlook |
|---|---|---|---|
| 10 May 2023 | BBB | A-2 | Negative |
| 13 July 2022 | BBB | A-2 | Stable |
| 25 January 2022 | BBB | A-2 | Stable |
| 18 October 2021 | BBB | A-2 | Stable |
| 24 April 2020 |
BBB |
A-2 |
Stable |
| 23 July 2019 |
BBB+ |
A-2 |
Negative |
| 17 July 2018 |
BBB+ |
A-2 |
Stable |
| 25 October 2017 | BBB+ |
A-2 |
Stable |
| 25 October 2016 | BBB | A-2 | Stable |
| 19 January 2016 | BBB- | A-3 | Positive |
| 9 November 2015 | BBB- | A-3 | Stable |
| 21 July 2015 | BBB- | A-3 | Stable |
| 4 November 2014 | BB+ | B | Positive |
| 14 October 2014 | BB+ | B | Positive |
| 10 January 2014 | BB+ | B | Positive |