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Islandsbanki hf.: S&P Global Ratings affirms BBB+/A-2 rating with stable outlook

Today, S&P Global Ratings (S&P) has affirmed Íslandsbanki's rating of BBB+/A2 with a stable outlook. 

In its rating, S&P refers to economic risks in Iceland remaining stable as the economy continues to grow and signs of overheating are receding in a stabilised banking market, but it also points to

challenges in the competitive and funding environment for Icelandic banks over the next few years.

For further information:

Investor Relations – Gunnar S. Magnusson, ir@islandsbanki.is and tel: +354 440 4665.

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