OP Corporate Bank plc

Standard & Poor's Global Ratings Europe Limited ("Standard & Poor's")

Long-term Issuer Credit Rating

AAA

 

 

 

 

 

 

 

 

 

 

 

   

AA+

 

 

 

 

 

 

 

 

 

 

 

   

AA

 

 

 

 

 

 

 

 

 

 

 

   

AA-

OP

OP

OP

OP

OP

OP

OP

OP

OP

OP

OP

OP

OP

A+

 

 

 

 

 

 

 

 

 

 

 

   

A

 

 

 

 

 

 

 

 

 

 

 

   

A-

 

 

 

 

 

 

 

 

 

 

 

   

BBB+

 

 

 

 

 

 

 

 

 

 

 

   

BBB

 

 

 

 

 

 

 

 

 

 

 

   

BBB-

 

 

 

 

 

 

 

 

 

 

 

   

BB+

 

 

 

 

 

 

 

 

 

 

 

   

BB

 

 

 

 

 

 

 

 

 

 

 

   

--

 

 

 

 

 

 

 

 

 

 

 

   

 

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

19 May 2020

Standard & Poor's: Seven Finnish Banks Outlooks Revised To Negative On Deepening COVID-19 Downside Risks, 19 May 2020

23 August 2019

Standard & Poor's Full Analysis on OP Corporate Bank plc, 23 August 2019

18 June 2019

Standard & Poor's Press Release, OP Corporate Bank PLC's First Senior Nonpreferred Notes Assigned "A" Rating, 18 June 2019

11 December 2018

Standard & Poor's Full Rating Report, 11 December 2018

27 July 2018

Standard & Poor's affirms OP Corporate Bank plc's long-term debt rating at AA- and short-term debt rating at A-1+ and maintains stable outlook.

Standard & Poor's Research Update, 27 July 2018

27 November 2017

Standard & Poor's Full Rating Report, 27 November 2017

July 2017

Standard & Poor's affirms OP Corporate Bank plc's long-term debt rating at AA- and short-term debt rating at A-1+ and maintains stable outlook.

17 November 2016

Standard & Poor's affirms OP Corporate Bank plc's long-term debt rating at AA- and short-term debt rating at A-1+ and changes outlook from negative to stable. The change in outlook reflects the change in Finnish BICRA trend from negative to stable.

Standard & Poor's: Various Positive Rating Actions On Finnish Banks On Improved Economic Conditions, 17 November 2016

17 August 2016

Standard & Poor's affirms OP Corporate Bank plc's long-term debt rating at AA- and short-term debt rating at A-1+ with negative outlook.

Standard & Poor's Full Rating Report, 17 August 2016

2 December 2015

Standard & Poor's affirms Pohjola Bank plc's long-term debt rating at AA- and short-term debt rating at A-1+ with negative outlook

Standard & Poor's Research Update, 2 December 2015

29 September 2015

Following outlook change on Finland (from stable to negative), Standard & Poor's affirms Pohjola Bank plc's long-term debt rating at AA- and short-term debt rating at A-1+ with negative outlook

Standard & Poor's Research Update, 29 September 2015

24 August 2015

Standard & Poor's affirms Pohjola Bank plc's long-term debt rating AA- and short-term debt rating at A-1+ with negative outlook in July 2015.

Standard & Poor's Full Rating Report, 24 August 2015

22 October 2014

Standard & Poor's affirms Pohjola Bank plc's long-term debt rating AA- and short-term debt rating at A-1+. Outlook negative.

Standard & Poor's Research Update, 22 October 2014 (307kB)

30 May 2014

Standard & Poor's affirms Pohjola Bank plc's long-term debt rating AA- and short-term debt rating at A-1+. Removed from CreditWatch Negative. Outlook negative.

Standard & Poor's Press Release, 30 May 2014 (277kB)

30 April 2014

Standard Poor's Research Update, Finland-based Pohjola Bank Ratings Remain on CreditWatch Negative Following Government Support Review, 30 April 2014

6 February 2014

Standard & Poor's put Pohjola Bank plc's long-term debt rating of AA- and short-term debt rating of A-1+ and Pohjola Insurance Ltd's financial strength rating of AA- under review for a possible downgrade (CreditWatch Negative).

Standard & Poor's Research Update, 6 February 2014

31 July 2013

Standard & Poor's Full Rating Report, 31 July 2013 (442kB)

20 November 2012

S&P affirms Pohjola Bank plc's long-term debt rating at AA- and short-term debt rating at A-1+, and Pohjola Insurance Ltd's financial strength rating at AA-. Outlook changed from stable to negative.

Outlooks on two Finnish banks revised to negative due to rising economic risks', 20 November 2012 (341kB)

16 May 2012

S&P affirms Pohjola Bank plc's long-term debt rating at AA- and short-term debt rating at A-1+, and Pohjola Insurance Ltd's financial strength rating at AA-.

8 December 2011

S&P affirmed Pohjola Bank plc's long-term counterparty rating at AA-, considering the outlook as stable. Affirming Pohjola Bank plc's credit rating is part of Standard & Poor's more extensive analysis of the banking sector in Europe, and their change of methodology. Pohjola Insurance Ltd's credit rating upgraded from A+ to AA-.

Moody's Investors Service Ltd ("Moody's")

Long-term Issuer Rating

Aaa

OP1

 

 

 

 

 

 

 

 

 

 

   

Aa1

OP2

OP

OP

 

 

 

 

 

 

 

 

   

Aa2

OP

 

OP3

OP

OP

OP

 

 

 

 

 

   

Aa3

 

 

 

 

 

OP4

OP

OP

OP

OP

OP

OP

OP

A1

 

 

 

 

 

 

 

 

 

 

 

   

A2

 

 

 

 

 

 

 

 

 

 

 

   

A3

 

 

 

 

 

 

 

 

 

 

 

   

Baa1

 

 

 

 

 

 

 

 

 

 

 

   

Baa2

 

 

 

 

 

 

 

 

 

 

 

   

Baa3

 

 

 

 

 

 

 

 

 

 

 

   

Ba1

 

 

 

 

 

 

 

 

 

 

 

   

Ba2

 

 

 

 

 

 

 

 

 

 

 

   

--

 

 

 

 

 

 

 

 

 

 

 

   

 

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

1) February 2007 onwards
2) April 2007 onwards
3) September 2009 onwards
4) May 2012 onwards

14 June 2019

Moody's Credit Opinion, OP Corporate Bank plc, Update following assignment of LT junior senior unsecured MTN rating of (P)Baa1, Stable outlook, 14 June 2019

14 December 2018

Moody's Credit Opinion, OP Corporate Bank plc, 14 December 2018

4 December 2018

Moody's Press Release, OP Corporate Bank plc's ratings affirmed, 4 December 2018

25 October 2018

Moody's Credit Opinion, OP Financial Group, 25 October 2018

25 April 2018

Moody's Credit Opinion, Semi-annual Update, OP Financial Group and OP Corporate Bank plc, 25 April 2018

25 October 2017

Moody's Credit Opinion Semi-annual Update, OP Corporate Bank plc, 25 October 2017

1 June 2017

Moody's Company Profile, OP Corporate Bank plc, 1 June 2017

25 April 2017

Moody's Credit Opinion Semi-annual Update, OP Corporate Bank plc, 25 April 2017

26 October 2016

Moody's Credit Opinion Semi-annual Update, OP Corporate Bank plc, 26 October 2016

28 April 2016

Moody's Company Profile, OP Corporate Bank plc, 28 April 2016

22 April 2016

Moody's Credit Opinion, OP Corporate Bank plc, 22 April 2016

25 January 2016

Moody's Credit Opinion, Pohjola Bank plc, 25 January 2016

29 June 2015

Moody's affirmed OP Financial Group's and Pohjola Bank plc's ratings Aa3/P-1 with stable outlook.

Moody's Rating Action Announcement on OP Financial Group and Pohjola Bank plc, 29 June 2015

Moody's Credit Opinion, Pohjola Bank plc, 23 July 2015

2 April 2015

Moody's affirmed 17 March 2015 OP Financial Group's and Pohjola Bank plc's long-term debt rating of Aa3 and short-term rating of P-1 and changed the outlook from negative to stable as part of its extensive review in connection with a change in the credit rating methodology.

Moody's Credit Opinion, 2 April 2015 (139kB)

18 December 2014

Moody's Credit Opinion, 18 December 2014 (153kB)

30 May 2014

Moody's Credit Opinion, 30 May 2014 (147kB)

7 February 2014

Moody's affirmed Pohjola Bank plc's long-term debt rating at Aa3 and short-term debt rating at P-1 while keeping the outlook stable.

Moody's Press Release, 7 February 2014 (114kB)

31 May 2012

Moody's downgraded OP-Pohjola Group's standalone BFSR from B- to C, Pohjola Bank plc's debt and deposit ratings from Aa2 to Aa3, and the insurance financial strength rating of Pohjola Insurance Ltd from A2 to A3. Outlook stable.

15 February 2012

Moody's placed the stand-alone bank financial strength rating (BFSR) C- of Pohjola Bank plc under review for a possible downgrade. Moody's updated its assessment of any possible downgrade. Accordingly, a possible downgrade of the ratings put under review can be expected to be one or two notches, as against one notch based on Moody's previous assessment.

10 August 2011

Moody's put Pohjola Bank plc'sAa2 rating for long-term debt, OP-Pohjola Group's bank financial strength rating (BFSR) B- and Pohjola Insurance Ltd's insurance financial strength rating (IFSR) A2 on review for possible downgrade.

September 2009

Moody's downgrades Pohjola Bank's long-term rating from Aa1 to Aa2. The rating outlook is negative.

July 2009

Moody's placed Pohjola Bank plc's long-term rating under review for possible downgrade.

April 2007

Moody's downgrades Pohjola Bank plc's long-term rating from Aaa to Aa1.

February 2007

Moody's upgrades Pohjola Bank plc's long-term rating from Aa2 to Aaa.