Credit ratings
Glitnir Bank hf. (formerly Íslandsbanki hf.) is rated by three independent, international rating agencies. Glitnir is the only Icelandic bank that has a rating from all of Moodys, Fitch and S&P.
| Date | Event |
|---|---|
| Published | Q4 2007 Results |
| Published | Annual Report 2007 |
| 7 May 2008 | Q1 2008 Results |
| 1 Aug 2008 | Q2 2008 Results |
| 4 Nov 2008 | Q3 2008 Results |
| 11 Feb 2009 | Annual Results 2008 |
Glitnir emphasises using diversified sources of funding, whether by type, geography or sector. The Bank’s primary emphasis is on deposit taking and issuance of bonds in major financial markets.
In addition to operating robust deposit schemes in its markets, Glitnir is one of the Nordic region’s most active issuers in global capital markets with the longest track record of MTN issuance of any Icelandic financial institution.
Glitnir Norway funds its operations independent of the parent company. It is a major issuer in the Norwegian domestic bond market, from where it derives the great majority of its funding.
Wholesale funding in capital markets, both short and long term is a fundamental part of the bank's funding. Glitnir places great emphasis on clear and timely communications with the market. This website is designed to place relevant information at the visitors' fingertips.
The individuals within the funding team whether in Iceland, Norway, China or the United Kingdom are at your disposal to answer questions about the bank and its funding, and to make the execution of the trades as straightforward as possible.
Glitnir Bank hf. (formerly Íslandsbanki hf.) is rated by three independent, international rating agencies. Glitnir is the only Icelandic bank that has a rating from all of Moodys, Fitch and S&P.
The majority of Glitnir's funding is executed in foreign markets. The bank has therefore established funding programmes that enable access to the bank´s key funding markets.
Glitnir has pursued a diversified funding strategy for several years, to the extent that there can be few banks of comparable size that have successfully tapped as broad a range of markets.
The bank has various options to issue short-term debt.
Glitnir places an emphasis on growing its deposit base as an important component of its overall funding profile.
Management of liquidity risk is an important element in the bank's operations. The bank has internal liquidity targets that are more stringent than those of regulators.
Latest investors' presentations and other material from Glitnir.
For further information about Glitnir Bank please contact the Funding Team.