Kvika banki hf.: Moody’s upgrades Kvika’s deposit ratings to Baa1; outlook remains stable

Written by Customer Service on . Posted in Public Companies.

Moody’s Investors Service (“Moody’s”) today announced that it has upgraded Kvika Banki hf.’s („Kvika“) long-term deposit ratings to Baa1 from Baa2. Moody’s also affirmed Kvika’s long-term issuer ratings of Baa2, the Baa1 long-term and P-2 short-term Counterparty Risk Ratings (CRRs) and Baa1(cr) long-term and P-2(cr) short-term Counterparty Risk (CR) Assessment. The outlook on the deposit and issuer ratings remains stable.

Attached is the announcement as released by Moody’s.

For further information please contach Kvika‘s investor relations at ir@kvika.is or via tel. (+354) 540 3200.

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.