Market announcement
AS LHV Group
LEI code
529900JG015JC10LED24
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 price sensitive information
Unique data record identifier
7697
Submission date and time
09.01.2020 16:30:00
Content of announcement in Estonian
Title
Reitinguagentuur Moody’s kinnitas LHV Pangale krediidireitingu tasemel Baa1
Message
Moody's Investors Service uuendas AS-ile LHV Pank reitinguhinnangut. Investeerimisjärgu tasemel stabiilse väljavaatega krediidireiting kinnitati samal tasemel kui aasta tagasi. Moody's Investors Service'i poolt AS-ile LHV Pank kinnitatud reitingud: * Pika-ja lühiajaline vastaspoolte riskihinnang A3 (cr)/Prime-2(cr) * Pika-ja lühiajaline vastaspoole riski reiting A3/Prime-2 * Välis- ja kohalikus valuutas pikaajaliste pangahoiuste reiting Baa1 * Välis- ja kohalikus valuutas lühiajaliste pangahoiuste reiting Prime-2 * Baaskrediidihinnang (BCA) baa3 * Kohandatud baaskrediidihinnang baa3 * Väljavaade pikaajaliste pangahoiuste reitingutele on stabiilne Reitingute määramisel hindas Moody's LHV Panga kohustuste kvaliteeti, krediidikõlbulikkust ja ka Eesti pangandussektori seisukorda. Reitingutega kinnitab Moody's, et LHV finantsprofiil on tugev nagu ka võime teenindada võetud kohustusi. Lisainfo: www.moodys.com (https://www.moodys.com/) LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank ja LHV Varahaldus. LHV-s töötab üle 430 inimese ja LHV pangateenuseid kasutab 202 000 klienti. LHV hallatavatel pensionifondidel on ligi 177 000 aktiivset klienti. Priit Rum LHV kommunikatsioonijuht Telefon: 502 0786 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
The rating agency Moody’s affirmed LHV Pank a credit rating of Baa1
Message
Moody's Investors Service renewed the credit rating of AS LHV Pank. The investment-grade credit rating with a stable outlook was affirmed at the same level as a year ago. Ratings assigned to AS LHV Pank by Moody's Investors Service: * Long- and short-term counterparty risk assessment of A3(cr)/Prime-2(cr) * Long- and short-term counterparty risk rating of A3/Prime-2 * Foreign- and local currency long-term bank deposit rating Baa1 * Foreign- and local currency short-term bank deposit rating Prime-2 * Baseline credit assessment (BCA) baa3 * Adjusted baseline credit assessment baa3 * The long-term deposit rating carries a stable outlook When assigning the ratings, Moody's assessed the quality and creditworthiness of the obligations of LHV Pank as well as the condition of the Estonian banking sector. With these ratings, Moody's confirms that the financial profile of LHV is strong, as is its ability to serve the assumed obligations. Additional information: www.moodys.com (http://www.moodys.com) LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. There are over 430 people working at LHV and 202,000 clients are using its banking services. Pension funds managed by LHV have about 177,000 active clients. Priit Rum Communication Manager Phone: +372 502 0786 Email: [email protected] (mailto:[email protected])