Central Bank of Savings Banks Finland Plc: Standard & Poor's Rating Services confirms a 'BBB+' credit rating for Central Bank of Savings Banks Finland Plc, with stable outlook

Central Bank of Savings Banks Finland Plc - Company Announcement

 

Central Bank of Savings Banks Finland Plc: Standard & Poor's Rating Services confirms a 'BBB+' credit rating for Central Bank of Savings Banks Finland Plc, with stable outlook

 

Central Bank of Savings Banks Finland Plc

Stock Exchange Release

24 May 2016 at 12.00 (CET +1)

 

Credit rating agency Standard & Poor's Rating Services (S&P) confirmed the Central Bank of Savings Banks Finland Plc a credit rating of 'BBB+' for long-term investment grade and a rating of 'A-2' for short-term investment grade on 24 May 2016. The outlook remains stable. The Central Bank acts as the central credit rating agency for the Savings Bank Group.

 

Previous S&P's rating report was from December 2015.

A pdf-document containing S&P's rating report is attached to this release. The Report in PDF format can be also found at www.saastopankki.fi.

 

CENTRAL BANK OF SAVINGS BANKS FINLAND PLC

 

Further information:

Teemu Salmi, Senior Communication Manager, teemu.salmi@saastopankki.fi

 

Central Bank of Savings Banks Finland Plc belongs to the Savings Banks Amalgamation. The role of the Central Bank of Savings Banks Finland Plc is to ensure the liquidity and borrowing activities of the Savings Banks Group. It acquires funds and operates in the money markets and capital markets on behalf of the Group as well as manages payment transfers. The Central Bank also manages the internal balancing of the Group's liquidity.