Credit ratings

 

Credit ratings


Rating agency Short-term debt Outlook Long-term debt Outlook
Standard & Poor's A-1+ Negative AA- Negative
Moody's P-1 Stable Aa3 Stable

Pohjola Bank plc has credit ratings affirmed by Standard & Poor's Credit Market Services Europe Limited and Moody's Investors Service Ltd. When assessing Pohjola's credit rating, the credit rating agencies take account of the entire OP Financial Group's financial position.

The credit ratings of OP Financial Group or Pohjola Bank plc did not change in 2015.

In November 2015, OP Financial Group and Pohjola Bank plc terminated the agreement relating to Fitch credit ratings, effective since 31 December 2015. Fitch Ratings affirmed and removed on 6 January 2016 OP Financial Group’s and Pohjola Bank plc’s long-term debt rating at A+ and short-term rating at F1.

On 2 December 2015, Standard & Poor’s affirmed Pohjola Bank plc’s long-term debt rating at AA- and short-term debt rating at A-1+ while keeping the outlook negative.

On 29 June 2015, Moody’s affirmed Pohjola Bank plc’s long-term debt rating at Aa3 and short-term debt rating at P-1 and kept the outlook stable.