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

Islandsbanki hf.: Íslandsbanki successfully issues innovative EUR 300m callable 6-year bond (6NC5)

12.01.2018 - IR Releases
Íslandsbanki has today issued a EUR 300m 6NC5 1.125% fixed rate senior unsecured bond, at a spread of 75 basis points over 5-year mid-swaps.More

IS Funds’ Treasury bond fund with the highest returns in 2017

11.01.2018
IS Funds’ Treasury bond fund, IS Treasury bonds – long, generated the highest returns of all domestic mutual funds in 2017,More

6.47% stake in Jarðböðin for sale

11.01.2018
Skútustaðahreppur district and smaller shareholders have decided to offer their holding in Jarðböðin hf. for sale. More

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...More

Íslandsbanki named Bank of the Year by The Banker

30.11.2017
Íslandsbanki has been selected as Bank of the Year in Iceland for 2017 by The Banker, a magazine published by Financial Times. This is the third time...More

Islandsbanki hf.: Íslandsbanki issues 10NC5 Tier 2 bond of SEK 750 million

16.11.2017 - IR Releases
Íslandsbanki has today issued a SEK 750m 10NC5 Tier 2 transaction. The bond pays a quarterly coupon of 3 month STIBOR +200bps.More

New Íslandsbanki housing market report

16.11.2017
If Íslandsbanki Research’s forecasts are borne out, house prices will rise by just over 20% year-on-year in 2017 and just under 12% in 2018. More
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