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European rating agency. Objective, transparent, independent.

OP Corporate Bank Plc (OP Yrityspankki Oyj)

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A+ Outlook STA 07.12.2023 13.12.2023
A Outlook STA 20.05.2022 30.05.2022
A Outlook STA 03.09.2021 08.09.2021
A Watch UNW 05.07.2021 06.07.2021
A Outlook STA 31.08.2020 04.09.2020
A+ Watch NEW 24.03.2020 28.03.2020
A+ Outlook STA 17.09.2019 23.09.2019
A+ Outlook STA 04.12.2018 14.12.2018

News

  • 13.12.2023
    Creditreform Rating (CRA) upgrades OP Corporate Bank Plc's (Group) Long-Term Issuer Rating to A+. The rating outlook is stable.
    CRA upgrades OP Corporate Bank Plc's Preferred Senior Unsecured Debt to A+, Non-Preferred Senior Unsecured Debt to A and Tier 2 Capital to A-.
  • 30.05.2022
    Creditreform Rating has affirmed the Long-Term Issuer Rating at 'A'. The outlook is is affirmed at 'stable'. The rating of 'Tier 2' capital is affirmed at 'BBB'. The rating of 'Non-Preferred Senior Unsecured' is affirmed at 'A-'. The rating of 'Preferred-Senior Unsecured' debt is affirmed at 'A'. For further information, please refer to our Rating Update on our website.
  • 08.09.2021
    Creditreform Rating has affirmed the rating of OP Corporate Bank Plc (Group) at A. The outlook was revised from watch unknown to stable. In addition, Creditreform Rating has affirmed the rating of Preferred Senior Unsecured Debt at A and the rating of Non-Preferred Senior Unsecured Debt at A-. However, the rating for the Tier 2 capital was lowered from BBB+ to BBB. For more details regarding the rating, we refer to our rating report on our homepage.
  • 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 OP Corporate Bank Plc (OP Yrityspankki Oyj) from A+ to A. The outlook is stable. In addition, Creditreform Rating has also lowered the rating of Tier 2 Capital from A- to BBB+, the rating of Non-Preferred Senior Unsecured Debt from A to A- and the rating of Preferred Senior Unsecured Debt from A+ 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.
  • 23.09.2019
    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.
  • 14.12.2018
    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+.