Íslandsbanki hf.: Fitch affirms BBB rating with stable outlook

15.12.2017 - IR Releases

Today, Fitch Ratings has affirmed Íslandsbanki's ratings of BBB/F3 with a stable outlook. According to Fitch, the ratings for Íslandsbanki reflect the Bank's leading domestic position with a market share of around 30 per cent and the Bank's satisfactory asset quality, stable liquidity position and high reported capital ratios. Furthermore, Fitch notes that Íslandsbanki's strategy to target continued organic growth in Iceland, combined with its sound risk management framework, will continue to strengthen the Bank's asset quality, with the Bank having seen a sharp decline in its non-performing loans since 2010.

Older news

Contactless payments via mobile phone

04.10.2018
Íslandsbanki announces a new solution that will allow users to pay for goods and services at all point-of-sale (POS) terminals using their mobile...More

Guðmundur Kristinn Birgisson appointed Chief Risk Officer

20.09.2018
Guðmundur Kristinn Birgisson has been appointed Chief Risk Officer at Íslandsbanki.More

Reduced service from 14-17 September

10.09.2018
Online banking and app service will be reduced during the period from 14-17 September 2018, during the installation of Íslandsbanki’s new core...More

Islandsbanki hf.: Íslandsbanki issues SEK 500 million 10NC5 Tier 2 bond

24.08.2018 - IR Releases
Íslandsbanki has today issued a SEK 500 million 10NC5 Tier 2 at a spread of STIBOR +250. The bond is expected to be rated BBB- by S&P Global Ratings...More

Islandsbanki hf.: Publication of 1H2018 financial results.

01.08.2018 - IR Releases
Íslandsbanki’s results for the first half of the year exceeded expectations with the Bank delivering a net profit of ISK 7.1bn and an annualised ROE...More

Islandsbanki hf.: Publication of 1H2018 financial results before opening of markets on Thursday 2 August

26.07.2018 - IR Releases
Íslandsbanki will publish its financial results for the first six months of 2018 before the opening of markets on Thursday 2 August.More

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

17.07.2018 - IR Releases
Today, S&P Global Ratings (S&P) has affirmed Íslandsbanki's rating of BBB+/A2 with a stable outlook. More
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