Business
Arion Bank hf.: Moody’s affirms Arion Bank’s long term issuer ratings with a stable outlook following that the merger between Arion Banka and Kvika will not proceed
Arion Bank hf.: Moody’s affirms Arion Bank’s long term issuer ratings with a stable outlook following that the merger between Arion Banka and Kvika will not
About this update from Arion Banki Hf
Moody’s Ratings affirmed Arion Bank‘s A2 long-term and P-1 short-term foreign and local currency deposit ratings, the A3 long-term foreign and local currency issuer ratings and A3 senior unsecured rating with stable outlooks on the long-term ratings. The rating action follows the announcement from Arion Bank on April 15, 2026 that its board of directors had decided to discontinue the merger plans. Please find further information attached For any further information please contact: Theodór Friðbertsson, Investor Relations at Arion Bank , [email protected], tel. +354 856 6760 or Eirikur Dor Jonsson, Head of Treasury at Arion Bank , [email protected], tel. +354 856 7171 Attachments Rating Action Moodys Ratings Affirms Arions 27Apr2026 PR 522898 Arion Bank hf .: Moody’s affirms Arion Bank’s long term issuer ratings with a stable outlook following that the merger between Arion Banka and Kvika will not proceed © Modular Finance, source Nordic Press Releases