Moody's Raises LHV Group's Unsecured Debt Rating to Baa2 with Positive Outlook

Moody's Investors Service upgraded LHV Group's long-term issuer rating to Baa2 with a positive outlook and assigned a Ba1 rating to its proposed subordinated debt. The upgrade and positive outlook reflect LHV's strong financial position, capitalization, and expected credit strength.

Moody's Investors Service has upgraded LHV Group's long-term issuer rating to Baa2 with a positive outlook and assigned a Ba1 rating to its proposed subordinated debt. These upgrades reflect LHV's strong financial position, capitalization, and expected credit strength [1].

The upgrade of LHV Group's long-term issuer rating to Baa2 indicates a solid financial position and capitalization, while the positive outlook suggests that Moody's expects further strengthening of this solidity. The Ba1 rating assigned to LHV Group's proposed subordinated notes is also a positive sign, indicating a stable credit profile for the debt instruments [2].

LHV Group, the largest domestic financial group and capital provider in Estonia, operates through several key subsidiaries, including LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,100 people and serves a significant customer base, with LHV Pank alone having 476,000 customers, LHV managing pension funds for 109,000 active customers, and LHV Kindlustus protecting 177,000 customers [1].

LHV Bank Limited, a subsidiary of the Group, holds a banking license in the United Kingdom and provides banking services to international financial technology companies, as well as loans to small and medium-sized enterprises. The Group's diverse operations and strong customer base contribute to its robust financial position [1].

The upgrade by Moody's is a testament to LHV Group's financial stability and growth prospects, making it an attractive investment opportunity for both domestic and international investors.

References:
[1] https://finance.yahoo.com/news/moodys-upgraded-lhv-groups-senior-050000447.html
[2] https://www.globenewswire.com/news-release/2025/09/02/3142315/0/en/Moody-s-upgraded-LHV-Group-s-senior-ratings.html