Rating
Moody´s

| Issuer rating | Arion Bank | Covered bonds | The Republic of Iceland |
|---|---|---|---|
| Long-term | A3 | Aa1 | A1 |
| Short-term | |||
| Outlook | Stable | Stable | |
| Last rating action | 10 June 2025 | 24 September 2024 |
| Deposit rating | Arion Bank |
|---|---|
| Long-term | A2 |
| Short-term | P-1 |
| Outlook | Stable |
| Last rating action | 10 June 2025 |