Credit ratings

 

 

S&P

Moody's

Outlook

Stable 

Stable 

Covered bonds

AAA

Aaa

Senior preferred

AA-

Aa3

Senior non-preferred

A

A3

Tier 2

A-

Baa1

Short-term issuer rating  

A-1+

P-1

Pohjola Insurance

A+

A2