European rating agency. Objective, transparent, independent.
European rating agency. Objective, transparent, independent.

OP Corporate Bank Plc (OP Yrityspankki Oyj)/Non-preferred Senior Unsecured

OP Yrityspankki Oyj

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A- 03.09.2021 08.09.2021
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 17.09.2019 23.09.2019

News

  • 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.