Lánamál ríkisins - Company Announcement

Standard & Poor’s affirms Iceland’s sovereign ratings at BBB+/A-2 with a stable outlook

Standard & Poor’s affirms Iceland’s sovereign ratings at BBB+/A-2 with a stable
outlook 

International rating agency Standard & Poor’s has affirmed Iceland’s sovereign
ratings at BBB+/A-2 with a stable outlook. Standard & Poor’s expects economic
growth in Iceland to remain strong over the next few years, supported by the
tourism sector and robust private consumption. The stable outlook balances the
potential for a faster-than-anticipated improvement in the country’s fiscal and
balance-of-payments profiles over the next two years against the remaining
risks surrounding capital control liberalization and the prospect of the
economy overheating.

Attachments:

RatingsDirect_Research Update_Iceland.pdf