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Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
Provider: Wright Reports

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Standard & Poor’s Assigns A-/A2 Rating on Aktia Abp's Aktia Bank plc

Wednesday, 12 Dec 2012 12:33pm EST 

Aktia Abp (Aktia) announced that Standard & Poor’s has assigned the following ratings to Aktia Bank plc: long-term A- and short-term A2, both with a negative outlook. The negative outlook reflects Standard & Poor’s view on growing economic risks in export oriented Finnish economy which could adversely affect the Finnish banking sector’s performance. Standard & Poor’s rating reflects Aktia’s strong capital and earnings, its moderate risk position, average funding and adequate liquidity. Standard & Poor’s regards Aktia Bank to have a moderate systemic importance in Finland. 

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