The OLBRatings
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OLB’s creditworthiness has been regularly reviewed by the credit rating agency Moody’s since 2019. Here you will find the main ratings and reports.

Issuer Rating

Baa1, stable
Issuer Rating
Rating name Rating
Counterparty Rating A2
Deposits Rating (long-term) Baa1
Issuer Credit Rating (long-term) Baa1, stable
Stand-alone Rating (financial strength) Baa2

Instrument Rating (secured issuances)

Covered Bonds
Rating name Rating
Covered Bond Aaa

Rating Reports

Date Title Link
12 Mar 2024 Rating Action OLB’s Covered Bonds Download
14 Feb 2024 Credit Opinion Download
22 Aug 2023 Credit Opinion Download
17 Mar 2023 Credit Opinion Download
14 Feb 2023

Rating Action MTN Programme

29 Sep 2022 Credit Opinion Download
27 Sep 2022 Issuer Comment OLB's Covered Bonds Download
03 Sep 2020 Rating Action OLB's Covered Bonds Download
03 Sep 2020 Credit Opinion OLB's Covered Bonds Download
02 Oct 2019 Rating Action Download
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