Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Moody’s upgrades BankNordik’s long-term deposit and issuer ratings to A1; stable outlook

Føroya Banki

20.11.2023 08:00:01 CET | BankNordik | Company Announcement

Announcement no. 23/2023

Moody’s Investor Service has today updated the credit ratings of BankNordik. Long-term deposits and issuer ratings are upgraded to A1 from A2.

The updated ratings are as follows:

Long-term deposits and issuer ratings:                            A1 (from A2)

Counterparty Risk ratings:                                              A1/P-1 (affirmed)

Counterparty Risk Assessment:                                      A1(cr)/P-1(cr) (affirmed)

Baseline Credit Assessment and Adjusted BCA:                baa1 (affirmed)

Short-term deposit ratings:                                            P-1 (affirmed)

Further information:

Turið F. Arge, CEO. phone: (+298) 230 678

BankNordik has banking activities in Greenland and the Faroe Islands and insurance activities in the Faroe Islands. Founded in the Faroe Islands more than a century ago, the Group has total assets of DKK 12.5bn and 207 employees. The Bank is subject to the supervision of the Danish Financial Supervisory Authority and is listed on Nasdaq Copenhagen.

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team