Arion Bank hf.: Moody’s affirms Arion Bank’s long term issuer ratings with a stable outlook following that the merger between Arion Banka and Kvika will not proceed

Moody’s Ratings affirmed Arion Bank‘s A2 long-term and P-1 short-term foreign and local currency deposit ratings, the A3 long-term foreign and local currency issuer ratings and A3 senior unsecured rating with stable outlooks on the long-term ratings.