The Mortgage Society of Finland: The Mortgage Society of Finland's credit ratings affirmed and outlook revised to stable

_{The Mortgage Society of Finland: The Mortgage Society of Finland's credit ratings affirmed and outlook revised to stable}

_{The Mortgage Society of Finland} 

_{Other information disclosed according to the rules of the Exchange} 

_{January 25, 2021 Helsinki 3:30 p.m.} 

On January 22, 2021 S&P Global Ratings (S&P) changed the trend of economic risk for Finland's Banking Industry Country Risk (BICRA) to stable from negative. The Finnish economy and banking sector are performing better than many other European countries amid the Covid-19 crisis. S&P believes the Finnish banking sector is well positioned to weather additional pressure from the second wave of the pandemic and will demonstrate resilience in the wake of Covid-19. Therefore the outlook of The Mortgage Society of Finland was also revised to stable. At the same time the issuer credit rating 'BBB' for long-term and  ‘A-2’ for short-term were affirmed.

S&P's credit rating report is published in our website www.hypo.fi

Distribution: Nasdaq Helsinki, Main media, www.hypo.fi