Renewal of Bigbank AS Strategy

Core Insights - Bigbank AS updated its strategy for the period 2022-2026 on 28 August 2025 [1] - The bank has suspended the further implementation of its internal ratings-based (IRB) project due to diminished capital advantages from regulatory changes [2][3] - The focus will shift towards enhancing loan portfolio quality and capital management rather than continuing with the IRB project [3] Company Overview - Bigbank AS is a commercial bank with over 30 years of operating history, owned by Estonian capital [4] - As of 31 July 2025, the bank's total assets were €3.1 billion, with equity of €284 million [4] - The bank operates in nine countries, serving over 175,000 active customers and employing more than 600 people [4] - Moody's has assigned Bigbank a long-term bank deposit rating of Ba1, with a baseline credit assessment (BCA) and adjusted BCA of Ba2 [4]