Nordea Long-Term Issuer Default Rating Affirmed
OREANDA-NEWS. October 27, 2011. The rating agency Fitch Ratings has affirmed OJSC Nordea Bank’s long-term issuer default rating (IDR) at BBB+ with positive outlook, reported the press-centre of Nordea Bank.
This is the maximal rating for issuers operating in Russia, as IDR may not exceed the country rating.
The rating activities carried out:
Long-term foreign currency IDR is affirmed at BBB+, outlook – positive;
Short-term foreign currency IDR is affirmed at F2;
Long-term national rating is affirmed at AAA (rus), outlook – stable;
Support rating is affirmed at 2;
Individual rating is affirmed at D.
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