Moody’s Ratings affirms Føroya Banki’s long-term deposit and issuer ratings at A1; outlook changed from stable to negative
Announcement no 16/2024
Moody’s Ratings has today updated the credit ratings of Føroya Banki. Long-term deposits and issuer ratings are affirmed at A1.
The updated ratings are as follows:
Long-term deposits and issuer ratings: A1 (affirmed)
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)
Contacts
- Turið F. Arge, Chief Executive Officer, +298 330 678, tfa@bankin.fo