OP Yrityspankki Oyj (OP Corporate Bank Plc) (Konzern)/Tier 2
OP Yrityspankki Oyj
Action Validity Date
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 Yrityspankki Oyj (OP Corporate 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 AG has revised its rating methodology for the rating of "Bank Capital and Unsecured Debt Instruments". Henceforth, only the revised version of the rating methodology ("Version 2.0") will be applied. Moreover, 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 methodology can be found at www.creditreform-rating.de.
Creditreform Rating has set the rating of OP Yrityspankki Oyj (OP Corporate 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+.