Creditreform Rating (CRA) affirms Nordea Bank's (Group) Long-Term Issuer Rating at AA-. The rating outlook is stable.
CRA affirms Nordea Bank's Preferred Senior Unsecured Debt at AA-, Non-Preferred Senior Unsecured Debt at A+, and downgrades Tier 2 Capital to BBB+ and AT1 Capital to BBB.
CRA affirms the Long-Term Issuer Rating of the Group's subsidiary Nordea Mortgage Bank Plc at AA-, which reflects Nordea Bank Abp's (Group) Long-Term Issuer Rating, in line with our methodology. The Tier 2 rating of Nordea Mortgage Bank Plc is set to not rated (n.r.) due to lack of eligible securities.