STOCK EXCHANGE RELEASE
20.5.2020 at 10:07 AM
Bonum Bank Plc’s credit ratings affirmed but the outlook is revised to negative from stable due to the coronavirus pandemic
S&P Global Ratings has affirmed the ‘BBB/A-2’ long-term and short-term issuer credit ratings of Bonum Bank Plc. However, the agency revised the outlook from stable to negative due to unprecedented challenge that the COVID-19 pandemic has presented to the economies.
Bonum Bank Plc acts as the central credit institution for the POP Bank Group.
The S&P release dated on May 19th, 2020 is enclosed in pdf-format and it is published in www.poppankki.fi.
Further information:
CEO Pekka Lemettinen, POP Bank Alliance Coop
Tel: +358 40 5035 411, email: pekka.lemettinen@poppankki.fi
CEO Pia Ali-Tolppa, Bonum Bank Plc
Tel: +358 50 303 1476, email: pia.ali-tolppa@poppankki.fi
Distribution:
Nasdaq Helsinki
Main media
www.poppankki.fi
