{"id":108291,"date":"2026-05-12T19:38:06","date_gmt":"2026-05-12T19:38:06","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/moodys-upgraded-coop-panks-long-term-deposit-rating-to-baa1-and-changed-the-outlook-to-stable\/"},"modified":"2026-05-12T19:38:06","modified_gmt":"2026-05-12T19:38:06","slug":"moodys-upgraded-coop-panks-long-term-deposit-rating-to-baa1-and-changed-the-outlook-to-stable","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/moodys-upgraded-coop-panks-long-term-deposit-rating-to-baa1-and-changed-the-outlook-to-stable\/","title":{"rendered":"Moody\u2019s upgraded Coop Pank\u2019s long-term deposit rating to Baa1 and changed the outlook to stable"},"content":{"rendered":"<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p align=\"justify\">Credit rating agency Moody\u2019s Ratings has updated Coop Pank\u2019s rating assessment, upgrading the bank\u2019s long-term deposit rating to Baa1 (from Baa2) and revising the rating outlook to stable.<\/p>\n<p align=\"justify\">According to Coop Pank\u2019s CFO, Paavo Truu, the rating upgrade and the assignment of a stable outlook confirm that Coop Pank has become even more reliable. In its announcement, the rating agency highlights the good quality of Coop Pank\u2019s loan portfolio, strong capitalisation, and solid profitability as positive factors. \u201cThe rating upgrade provides both private individuals and businesses with additional confidence to become clients of Coop Pank and to keep their money in a domestic financial institution,\u201d said Truu.<\/p>\n<p align=\"justify\">Ratings affirmed by Moody&#8217;s Ratings for Coop Pank AS:<\/p>\n<ul>\n<li style=\"margin-top:0cm; margin-bottom:0cm; text-align:justify;\">Foreign- and local currency long-term bank deposit rating Baa1<\/li>\n<li style=\"margin-top:0cm; margin-bottom:0cm; text-align:justify;\">Foreign- and local currency short-term bank deposit rating P-2<\/li>\n<li style=\"margin-top:0cm; margin-bottom:0cm; text-align:justify;\">Long- and short-term counterparty risk assessment of A3(cr)\/P-2(cr)<\/li>\n<li style=\"margin-top:0cm; margin-bottom:0cm; text-align:justify;\">Long- and short-term counterparty risk rating of A3\/P-2<\/li>\n<li style=\"margin-top:0cm; margin-bottom:0cm; text-align:justify;\">Baseline credit assessment (BCA) baa3<\/li>\n<li style=\"margin-top:0cm; margin-bottom:0cm; text-align:justify;\">Adjusted baseline credit assessment baa3<\/li>\n<\/ul>\n<p align=\"justify\">The long-term deposit ratings outlook is stable.<\/p>\n<p>The announcement on the report prepared by Moody\u2019s can be found at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hsryDHlL1xBMlRNpHM5cfX16Y3zKFOnbFjMLt2z17efY7ccV_GpHxq6-fU4I5Z4ZCVkZPqYhLgwPgOd9A1Rh3i3ydn7Gu1iefj3288lSDv26xnFNqncb9M0CW-C9HCZoyxHnh9bAuPMq81YmMQxK0pdtPvy-JCeBvq7PvEMhD6Y=\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/ratings.moodys.com\/ratings-news\/465020<\/a><\/p>\n<p><i>Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The bank has\u00a0231,000\u00a0clients who use everyday banking services. Coop Pank uses the synergy created between retail trade and banking and brings everyday banking solutions closer to people. The majority shareholder of the Bank is a domestic retail chain Coop Eesti, the sales network of which comprises 320 stores.<\/i><\/p>\n<p align=\"justify\">Additional information:<br \/>Paavo Truu<br \/>CFO <br \/>Phone: +372 5160 231<br \/>E-mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lwKjtOc9n-FOFQth5Ze043TJ4-00XYtE2TTM3xB9TgE9iw3AY8UgvvnVySHBokibG_9nU5EhOfNu9jd5ca9V3H5mwctBeA4ZIhGqCqTpbX8=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>paavo.truu@cooppank.ee<\/u><\/a><\/p>\n<p>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Credit rating agency Moody\u2019s Ratings has updated Coop Pank\u2019s rating assessment, upgrading the bank\u2019s long-term deposit rating to Baa1 (from Baa2) and revising the rating outlook to stable. According to Coop Pank\u2019s CFO, Paavo Truu, the rating upgrade and the assignment of a stable outlook confirm that Coop Pank has become even more reliable. In [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":108292,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml-eu.globenewswire.com\/Resource\/Download\/18ed7e2b-c5c1-464c-bd7a-ac6894233dad","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-108291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/108291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=108291"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/108291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/108292"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=108291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=108291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=108291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}