OakNorth Bank Plc

FCA: 629003

Current Rating
A
Rating Agency

Unknown

Last Updated

27 January 2026

Founded

2015

Ownership

Private (SoftBank, investors)

Commentary

A strong risk management framework and robust governance structure underpins our operations. This ensures key risks are measured, monitored, and managed, and that the right policies, procedures and controls are in place to mitigate these risks.

Rating History Chart
Rating History
Analysis Timeline

27 Jan 2026

A (Unknown)

A strong risk management framework and robust governance structure underpins our operations. This ensures key risks are measured, monitored, and managed, and that the right policies, procedures and controls are in place to mitigate these risks.

15 Jun 2023

BBB- (Fitch Ratings)

Upgraded to investment grade

15 Jun 2022

BB+ (Fitch Ratings)

Upgraded on strong asset quality and profitability

15 Jun 2021

BB (Fitch Ratings)

Outlook revised to Stable

20 Apr 2020

BB (Fitch Ratings)

Outlook revised due to COVID-19 impact on SME lending