Central Bank of Savings Banks Finland Plc: S&P Global Ratings has revised the outlook on Central Bank of Savings Banks Finland Plc from stable to negative

Central Bank of Savings Banks Finland Plc
Stock Exchange Release
20 May 2020 at 8.00

On May 19^th 2020, S&P Global Ratings has revised the outlook on Central Bank of Savings Banks Finland Plc, the central credit institution of Savings Banks Group, from stable to negative and affirmed the short and long term ratings A- / A-2.

The previous rating change took place in April 2017.

CENTRAL BANK OF SAVINGS BANKS FINLAND PLC

Additional information:

Tomi Närhinen 
Chairman of the Board of Directors, Central Bank of Savings Banks Finland Plc
tomi.narhinen@saastopankki.fi
+358 40 724 3896

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.