Market announcement
Bigbank AS
LEI code
5493007SWCCN9S3J2748
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
11292
Submission date and time
26.06.2024 16:30:00
Content of announcement in Estonian
Title
Moody’s uuendas Bigbank AS reitinguhinnangut; pikajaliste hoiuste reitingute väljavaade püsib stabiilsena
Message
Reitinguagentuur Moody's Investors Service kinnitas Bigbank AS-i uued reitingud, alandades pikaajaliste pangahoiuste reitingud Ba1 tasemele senise Baa3 asemel ning baaskrediidireitingu (BCA) ja kohandatud BCA tasemele ba2 senise ba1 asemel. Pikajaliste hoiuste reitingute väljavaade jäi stabiiliseks. Moody'se poolt Bigbankile kinnitatud reitingud: * Pika- ja lühiajaline vastaspoole riski (CR) hinnang Baa2(cr) ja P-2(cr) * Pika- ja lühiajaline vastaspoole riski reiting (CRR) Baa2 ja P-2 * Välis- ja kohalikus valuutas pikaajaliste pangahoiuste reiting Ba1 * Välis- ja kohalikus valuutas lühiajaliste pangahoiuste reiting NP * Baaskrediidihinnang (BCA) ba2 * Kohandatud BCA ba2 Lisainfo: www.moodys.com (http://www.moodys.com) Bigbank AS (www.bigbank.ee (http://www.bigbank.ee/)) on Eesti kapitalil põhinev era- ja äriklientide laenudele ja hoiustele keskendunud pank, millel on lisaks tegevusele Eestis filiaalid Soomes, Rootsis, Lätis, Leedus ja Bulgaarias ning mis pakub piiriülese teenusena oma tooteid ka Austrias, Saksamaal ja Hollandis. Bigbanki bilansimaht ületab 2,5 miljardit eurot. Argo Kiltsmann Juhatuse liige Telefon: +372 5393 0833 E-mail: [email protected] www.bigbank.ee (http://www.bigbank.ee)
Content of announcement in English
Title
Moody's Updates Bigbank AS Ratings; Long-term Deposit Ratings Outlook Remains Stable
Message
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 (http://www.moodys.com)
Bigbank AS (www.bigbank.eu
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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: [email protected]
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www.bigbank.ee
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