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.
Creditreform Rating has affirmed the rating of OP Mortgage Bank Plc at A+. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Tier 2 capital at A- and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) at A+. Moreover, the rating of Non-Preferred Senior Unsecured debt was set to A.
Creditreform Rating has set the rating of OP Mortgage Bank Plc to A+, with stable outlook. Creditreform Rating has also determined the ratings of the debt classes as follows. The rating of Tier 2 was set to A- and the rating of the Senior Unsecured to A+.