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European rating agency. Objective, transparent, independent.

Nordea Bank Abp/Non-preferred Senior Unsecured

Nordea Bank Abp

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A- Watch UNW 05.07.2021 06.07.2021
A- 31.08.2020 04.09.2020
A+ Watch NEW 24.03.2020 28.03.2020
A+ 02.07.2019 05.07.2019

News

  • 06.07.2021
    Creditreform Rating AG has revised its rating methodology for the rating of banks (Bank Ratings). Henceforth, only the revised version of the rating methodology ("Version 3.0") will be applied with the end of the consultation process. In addition, Creditreform Rating AG introduced the new sub-methodology „Institutional Protection Scheme Banks“. Hence, all current ratings of bank capital and unsecured bank instruments will be reviewed as part of our current monitoring and receive therefore the rating supplement "watch". Our revised rating methodologies can be found at www.creditreform-rating.de.
  • 04.09.2020
    Creditreform Rating has lowered the rating of Nordea Bank Abp (Group) from AA- to A+. The outlook is stable. In addition, Creditreform Rating has also lowered the rating of Additional Tier 1 Capital from BBB to BBB-, the rating of Tier 2 Capital from BBB+ to BBB, the rating of Non-Preferred Senior Unsecured Debt from A+ to A- and the rating of Preferred Senior Unsecured Debt from AA- to A. For more details regarding the rating, we refer to our rating report on our homepage.
  • 28.03.2020
    Creditreform Rating has set the rating of all valid bank ratings and bank issues to watch negative due to the currently not assessable impact of the Corona Crisis. Not affected by this rating action are government related banks. We refer to the free available Monitoring Report for a more detailed explanation.
  • 05.07.2019
    Creditreform Rating has affirmed the rating of Nordea Bank Abp (Group) at AA-. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 at BBB, the rating of Tier 2 at BBB+ and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) at AA-. Moreover, Creditreform has initially rated the Non-Preferred Senior Unsecured Debt at A+.

Reports