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S&P confirms the Argenta Spaarbank’s A-/A-2 rating
8 March 2021
S&P confirms the Argenta Spaarbank A-/A-2 rating, keeping the outlook Stable.
The report focuses on the strong capitalisation and the low credit profile, also mentioning the high level of bail-in-able debt. Additionally, Argenta is encouraged to continue its diversification of income and risk exposures.
Hence, Argenta confirms its very strong capital and liquidity ratios that rank among the best in Europe and is also acknowledged for its efforts in digitalisation, ESG and building a decent franchise in capital markets.