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Bonum Bank Plc: Bonum Bank PLC’s credit ratings affirmed but the outlook is revised to negative from stable due to the coronavirus pandemic

Written by Customer Service on . Posted in Public Companies.

PRESS RELEASE
20.5.2020 at 10:05 amBonum Bank PLC’s credit ratings affirmed but the outlook is revised to negative from stable due to the coronavirus pandemicS&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 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.fiCEO Pia Ali-Tolppa, Bonum Bank Plc
Tel: +358 50 303 1476, email: pia.ali-tolppa@poppankki.fiDistribution:
Nasdaq Helsinki
Main media
www.poppankki.fi AttachmentRatingsDirect_May-19-2020

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