Aktia Bank's credit rating from Moody's unchanged, outlook improved

Aktia Bank plc
Stock Exchange Release
05/07/2016 at 11.30 am

 

Moody’s Investors Service Ltd has affirmed Aktia Bank plc's credit ratings at A3 for long-term deposit and senior unsecured debt and P2 for short-term deposit ratings, and changed the outlook from stable to positive. The bank’s Baseline Credit Assessment (BCA) remained unchanged (baa2).

- The fact that Aktia Bank’s ratings remain at a good level reflects the well-diversified structure of the Group’s borrowing, the excellent capital adequacy and the low risk level of our banking business, says CFO Fredrik Westerholm.

Moody’s release is available on our website (www.aktia.com) under Investor Relations > Debts Investors and Rating. 

 

Aktia Bank plc

 

For more information, please contact:
Fredrik Westerholm, CFO, tel. +358 10 247 6505

From:
Malin Pettersson, Director, Communications and CSR, tel. +358 10 247 6369

 

 

Distribution:
Nasdaq Helsinki Oy
Central mass media
www.aktia.com

 

Aktia provides a broad range of products within banking, insurance and real estate agency. Aktia operates mainly in coastal areas and inland growth areas. Aktia has about 350,000 customers who are served by nearly 1,000 employees at 50 branch offices and via web and telephone services. Aktia's shares are listed on the list of Nasdaq Helsinki Ltd. For more information about Aktia see www.aktia.com.

 

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