Moody’s affirms Coop Pank’s ratings and positive outlook

The rating agency Moody’s Ratings affirmed Coop Pank’s Credit rating at current level with positive outlook. Long- and short-term deposit rating remained on the level of Baa2 and rating outlook remained positive. According to Paavo Truu, CFO of Coop Pank, the affirmation of the credit rating and positive outlook at the current level confirms that the bank is trustworthy with solid capital base, good profitability and high quality of the loan portfolio. “The affirmation of the rating and positive outlook gi ...