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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 on the bank’s website, Credit rating - Landsbankinn - Landsbankinn.is.