Aktia Bank plc: Fitch initiates rating on Aktia Bank plc

Fitch initiates rating on Aktia Bank plc

Fitch' ratings on Aktia Bank reflect its strong local presence in Finland, particularly in retail banking, solid asset quality and liquidity management and acceptable capitalisation.

Fitch expects the low interest rate environment to continue and the yield curve to remain flat, which are likely to maintain pressure on Aktia Bank’s margins and earnings.

Fitch has assigned the following ratings to Aktia Bank plc:
Long-term IDR: BBB+; Outlook Negative
Short-term IDR: F2

Fitch’ press release can be found at www.aktia.fi/aktia_bank/rating  

AKTIA BANK PLC

For more information, please contact:
Deputy Managing Director, CFO Stefan Björkman, tel. +358 10 247 6595

From:
IR Manager Anna Gabrán, tel. +358 10 247 6501, +358 40 7081807
 

Distribution:
Nasdaq OMX Helsinki,
mass media,
www.aktia.fi