Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. SPAREBANK 1 SMN is rated by Fitch and Moody's.
Credit ratings assigned to SPAREBANK 1 SMN as of June 2020 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for SPAREBANK 1 SMN it is set to A- (high credit quality), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for SPAREBANK 1 SMN is set to F2 (good short-term credit quality).
|Long-Term Issuer Default Rating||A-|
|Short-Term Issuer Default Rating||F2|
|Support Rating Floor||NF|
Viability rating for SPAREBANK 1 SMN is set to a- (high fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).
Long-term rating for SPAREBANK 1 SMN it is set to A1 (upper medium grade). Long-term bank deposit rating is A1 (upper medium grade). Baseline credit assessment is baa1. Short-term rating is set to P-1 (superior ability to repay short-term debt obligations).
|Long-Term Bank Deposit Rating||A1|
|Baseline Credit Assessment||baa1|
Outlook for the ratings of SPAREBANK 1 SMN is set to stable (not likely to change).