Ferratum Oyj: Ferratum Group assigned BB-/Outlook Stable in initial rating from Fitch

    Ferratum Oyj: Ferratum Group assigned BB-/Outlook Stable in initial rating from Fitch

^
DGAP-Ad-hoc: Ferratum Oyj / Schlagwort(e): Rating
Ferratum Oyj: Ferratum Group assigned BB-/Outlook Stable in initial rating
from Fitch

13.03.2019 / 18:00 CET/CEST
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(EU) Nr. 596/2014, übermittelt durch DGAP - ein Service der EQS Group AG.
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Ferratum Group assigned BB-/Outlook Stable in initial rating from Fitch

Helsinki, 13 March 2019 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS)
("Ferratum" or the "Group") is pleased to announce that Fitch Ratings
("Fitch") has assigned the Group a Long-Term Issuer Default Rating ("LTIDR")
of 'BB-'/Outlook Stable ("Rating").

The Rating is assigned at holding company level on the basis of Ferratum's
consolidated financial statements, which include Ferratum Bank p.l.c. In
view of this and with Ferratum being majority owned by Jorma Jokela, Group
founder and CEO, no institutional support was factored into the Rating.
Consequently, Ferratum's LTIDR is based on Fitch's standalone assessment of
the Group.

The Rating is in addition to the Group's credit rating of BBB+ from
Creditreform Rating AG, a German rating agency.

Dr. Clemens Krause, Chief Financial Offer and Chief Risk Officer, commented:
"We are delighted to receive a credit rating assessed to international
statistical standards by one of the top three global credit rating agencies.
The rating reflects Fitch's favourable assessment of Ferratum's
through-the-cycle profitability, capital adequacy and approach to risk
provisioning for a diversified franchise of online and mobile consumer loans
spanning more than 20 countries."

Fitch's full-length rating report, including the key assumptions and
sensitivities upon which the rating is derived, can be found on Ferratum's
website: https://www.ferratumgroup.com/

With this release, Ferratum Oyj publishes inside information.

About Ferratum Group:

Ferratum Group is an international provider of mobile banking and digital
consumer and small business loans, distributed and managed by mobile
devices. Founded in 2005 and headquartered in Helsinki, Finland, Ferratum
has expanded rapidly to operate in 25 countries across Europe, Africa, South
and North America and the Asia-Pacific region.

As a pioneer in digital and mobile financial services technology, Ferratum
is at the forefront of the digital banking revolution. Ferratum's mobile
bank, launched in 2016, is an innovative mobile banking platform offering a
range of banking services, including real time digital payments and
transfers, within a single app. It is currently available in five European
markets. Ferratum has approximately 1.9 million active and former customers
who have an account or have been granted one or more loans in the past (as
at 30 September 2018), of which over 799,000 customers have an open Mobile
Bank account or an active loan balance in the last 12 months.

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange
under symbol 'FRU.' For more information, visit www.ferratumgroup.com.

Contacts:

   Ferratum Group Dr. Clemens Krause Chief     Ferratum Group Emmi Kyykkä
   Financial Officer & Chief Risk Officer      Head of Group
   T: + 49 30 921005844 E:                     Communications & Investor
   [1][e-mail]  1.          Relations T: +41 79 940
   mailto:[e-mail]          6315 E:
                                               [1][e-mail]
                                               1.
                                               mailto:emmi.kyykka@ferra
                                               tum.com
   Ferratum Group Paul Wasastjerna Head of
   Fixed Income Investor Relations T: + 358
   40 7248247 E:
   [1][e-mail] UK /
   European media enquiries: Smithfield, A
   Daniel J Edelman Company Alex Simmons |
   Brett Jacobs T: [phone] | +44
   20 3047 2537 E:
   [2][e-mail] E:
   [3][e-mail]  1.
   mailto:[e-mail] 2.
   mailto:[e-mail] 3.
   mailto:[e-mail]


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   Sprache:        Deutsch
   Unternehmen:    Ferratum Oyj
                   Ratamestarinkatu 11 A
                   00520 Helsinki
                   Finnland
   Telefon:        [phone]
   Fax:            [phone]
   E-Mail:         [e-mail]
   Internet:       https://www.ferratumgroup.com
   ISIN:           FI4000106299
   WKN:            A1W9NS
   Börsen:         Regulierter Markt in Frankfurt (Prime Standard);
                   Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
                   München, Stuttgart, Tradegate Exchange



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