Moody's Affirms Bigbank's Ratings and Outlook to Pre-COVID Levels

Moody's has reaffirmed all of Bigbank AS's ratings and outlooks, which were set last year. The ratings are: Ba1/NP for long- and short-term deposit ratings, ba2 for base and adjusted base credit ratings, and Baa2/P-2 for long- and short-term counterparty risk ratings. The long-term deposit rating outlook has been changed to negative from stable. Bigbank is a commercial bank owned by Eesti Kapital with a 30-year history, a balance sheet of €2.9 billion, and over 170,000 active clients and 550 employees.