Group 1 - Moody's Investors Service upgraded LHV Group's long-term issuer and senior unsecured ratings to Baa2 with a positive outlook, indicating a strong financial position and capitalization [1] - LHV Group's proposed subordinated notes received a Ba1 rating from Moody's, reflecting expectations of further strengthening of solidity [1] - The long-term deposit rating for LHV Group carries a positive outlook, with a long-term counterparty risk assessment of A3(cr) and a short-term counterparty risk rating of Prime-2 [3] Group 2 - LHV Group is the largest domestic financial group and capital provider in Estonia, with key subsidiaries including LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited [2] - As of the end of July, LHV Pank serves 476,000 customers, LHV's pension funds have 109,000 active customers, and LHV Kindlustus protects 177,000 customers [2] - LHV Bank Limited holds a banking license in the UK and provides services to international financial technology companies and loans to small and medium-sized enterprises [2]
Moody's upgraded LHV Group's senior ratings
Globenewswireยท2025-09-02 05:00