VP Bank Verwaltungs- und Privat-Bank AG

More documents

Recommendations

Info

Research Update: Outlook On Liechtenstein-Based VP Bank Revised To Negative On Substandard Performance; Affirmed At 'A-/A-2' to achieve significant net new money generation, leading to higher earnings retention and a stronger capital and earnings assessment above our 15% threshold. This might be facilitated by a more diverse and less-confidence-sensitive business profile resulting from improvements in its market position. Ratings Score Snapshot To From Issuer Credit Rating A-/Negative/A-2 A-/Stable/A-2 SACP bbb+ bbb+ Anchor a- a- Business Position Weak (-2) Weak (-2) Capital and Earnings Strong (+1) Very Strong (+2) Risk Position Adequate (0) Moderate (-1) Funding Average (0) Average (0) Liquidity Adequate (0) Adequate (0) Support 1 1 GRE Support 0 0 Group Support 0 0 Sovereign Support 1 1 Additional Factors 0 0 Related Criteria And Research • Criteria | Financial Institutions | Banks: Banks: Rating Methodology And Assumptions, Nov. 9, 2011 • Criteria | Financial Institutions | Banks: Banking Industry Country Risk Assessment Methodology And Assumptions, Nov. 9, 2011 • Criteria | Financial Institutions | Banks: Bank Capital Methodology And Assumptions, Dec. 6, 2010 Ratings List CreditWatch/Outlook Action; Ratings Affirmed To From VP Bank Verwaltungs- und Privat-Bank AG Counterparty Credit Rating A-/Negative/A-2 A-/Stable/A-2 Ratings Affirmed VP Bank Verwaltungs- und Privat-Bank AG Certificate Of Deposit A-/A-2 Senior Unsecured A- WWW.STANDARDANDPOORS.COM/RATINGSDIRECT AUGUST 22, 2012 4 1002695 | 300025082
Research Update: Outlook On Liechtenstein-Based VP Bank Revised To Negative On Substandard Performance; Affirmed At 'A-/A-2' Additional Contact: Financial Institutions Ratings Europe; FIG_Europe@standardandpoors.com Complete ratings information is available to subscribers of RatingsDirect on the Global Credit Portal at www.globalcreditportal.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com. Use the Ratings search box located in the left column. Alternatively, call one of the following Standard & Poor's numbers: Client Support Europe (44) 20-7176-7176; London Press Office (44) 20-7176-3605; Paris (33) 1-4420-6708; Frankfurt (49) 69-33-999-225; Stockholm (46) 8-440-5914; or Moscow 7 (495) 783-4009. WWW.STANDARDANDPOORS.COM/RATINGSDIRECT AUGUST 22, 2012 5 1002695 | 300025082
Page 1 and 2: Research Update: Outlook On Liechte
Page 3: Research Update: Outlook On Liechte

VP Bank Verwaltungs- und Privat-Bank AG

Create successful ePaper yourself

Delete template?

Save as template?