Moody's Updates Bigbank AS Ratings; Long-term Deposit Ratings Outlook Remains Stable
2024年6月26日 - 10:30PM
Moody's Updates Bigbank AS Ratings; Long-term Deposit Ratings
Outlook Remains Stable
Moody's Investors Service has confirmed new ratings for Bigbank
AS, downgrading the long-term bank deposit ratings to Ba1 from the
previous Baa3 and the baseline credit assessment (BCA) and adjusted
BCA to ba2 from the previous ba1. The outlook for long-term deposit
ratings remains stable.
Moody's confirmed ratings for Bigbank:
- Long-term and short-term counterparty risk (CR) assessment
Baa2(cr) and P-2(cr)
- Long-term and short-term counterparty risk rating (CRR) Baa2
and P-2
- Long-term foreign and local currency bank deposit ratings
Ba1
- Short-term foreign and local currency bank deposit ratings
NP
- Baseline credit assessment (BCA) ba2
- Adjusted BCA ba2
For more information: www.moodys.com
Bigbank AS (www.bigbank.eu) is an Estonian
capital-based bank specialising in loans and deposits for private
and business customers. In addition to operations in Estonia, the
bank has branches in Finland, Sweden, Latvia, Lithuania, and
Bulgaria and offers its products on a cross-border basis in
Austria, Germany, and the Netherlands. Bigbank’s total assets
exceed 2.5 billion euros.
Argo Kiltsmann Member of the Management Board Telephone: +372
5393 0833 E-mail: argo.kiltsmann@bigbank.ee www.bigbank.ee