S&P raises Lands­bankinn’s covered bond rat­ing to A

S&P Global Ratings has today announced that Landsbankinn’s covered bond rating has been raised. The rating uplift is one notch and the rating is therefore A with stable outlook.

The upgrade is made on the back of S&P’s announcement on effective resolution regime in Iceland.

Further information can be found in S&P’s announcement, available here on the bank’s website.

Covered bonds rating announcement (pdf)

Landsbankinn's credit rating