SPAREBANK 1 SMN

Credit Ratings (as of Jun 2020)

Fitch
A- (high credit quality)
Moody's
A1 (upper medium grade)

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.

Fitch

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-
    Outlook  negative
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  a-
Support Rating  5
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).

Moody's

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 Rating  A1
Long-Term Bank Deposit Rating  A1
Baseline Credit Assessment  baa1
Short-Term Rating  P-1
Outlook  stable

Outlook for the ratings of SPAREBANK 1 SMN is set to stable (not likely to change).

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