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Arion Banki hf Shs Swedish DR ( (SE:ARION) ) has shared an update.
Moody’s Ratings has affirmed Arion Bank’s A2 long-term and P-1 short-term foreign and local currency deposit ratings, along with its A3 long-term issuer and senior unsecured ratings, all with stable outlooks. The decision follows Arion Bank’s earlier announcement that its planned merger with Kvika would not proceed, indicating that the halted transaction has not negatively affected the bank’s credit profile or its perceived stability for investors and depositors.
More about Arion Banki hf Shs Swedish DR
Arion Bank hf. is an Icelandic financial institution headquartered in Reykjavík, operating as a commercial bank that provides a broad range of banking and financial services. The bank focuses on retail and corporate clients in the Icelandic market, offering deposit, lending, and treasury services under a regulated Nordic banking framework.
Average Trading Volume: 53,649
Technical Sentiment Signal: Buy
Current Market Cap: SEK18.58B
Find detailed analytics on ARION stock on TipRanks’ Stock Analysis page.