Central Bank of Savings Banks Finland Plc: S&P Global Ratings upgrades long-term credit rating for Central Bank of Savings Banks Finland Plc to A-

Central Bank of Savings Banks Finland Plc

Stock Exchange Release

2 May 2017 at 10.00 (CET +1)

On April 28, 2017, S&P Global Ratings (S&P) raised its long-term counterparty credit rating on the central credit institution of the Finnish Savings Bank Group, Central Bank of Savings Banks Finland Plc, to 'A-' from 'BBB+'. The outlook is stable. At the same time, the 'A-2' short-term counterparty credit rating on Central Bank of Savings Banks Finland Plc was affirmed.

Previous S&P's rating report was from November 2016.

PDF document containing S&P's rating report is attached to this release. The report in PDF format can be also found at www.spkeskuspankki.fi  and www.saastopankki.fi.

 

CENTRAL BANK OF SAVINGS BANKS FINLAND PLC

 

Further information:

Kirsi Autiosalo, CEO 

Central Bank of Savings Banks Finland Plc
 +358 50 4200 867
kirsi.autiosalo@saastopankki.fi

 


Central Bank of Savings Banks Finland Plc belongs to the Savings Banks Amalgamation and Savings Banks Group and acts as Group's central credit institution. Central Bank of Savings Banks Finland Plc's role is to ensure liquidity and wholesale funding of the Savings Banks Group via operating in the money and capital markets, to operate payment transfers and issuance of payment cards. 

Read more at www.spkeskuspankki.fi, www.saastopankki.fi