Bankinter, S.A.: Update following rating affirmation, outlook remains stable

Bankinter, S.A.: Key facts and statistics - H1 June 2023 - Issuer Profile – 2023/10/20 – US$ 200.00 – ...Bankinter S.A. (Bankinter) is a commercial bank based in Spain. As of 30 June 2023, it reported a consolidated asset base of 110 billion. Bankinter offers a range of financial products and services, including personal, private and corporate banking, investment banking, mortgage lending and consumer loans, to to retail customers and corporates. As of 30 June 2023, the bank provided its services through 445 branches in Spain. Bankinter was founded in June 1965 as the industrial bank Banco Intercontinental Espa±ol, the result of a joint venture between Banco de Santander and Bank of America. The bank was listed on the Madrid Stock Exchange in 1972, when it became a commercial bank fully independent of its founders. It is listed on the Madrid and Barcelona stock exchanges (ticker: BKT). As of 31 December 2022, the largest shareholder of the bank was Cartival, S.A., which held a stake of 23.19%....

Bankinter, S.A.: Update following rating affirmation, outlook remains stable - Credit Opinion – 2023/05/09 – US$ 250.00 – ...On 28 April 2023, we affirmed Bankinter, S.A.'s (Bankinter) deposit ratings at A3/Prime-2 and senior unsecured debt ratings at Baa1. The outlook on the long-term deposit and senior unsecured debt ratings remains unchanged at stable. Bankinter¦s A3/Prime-2 deposit rating and Baa1 long-term senior debt rating reflect the bank's baa2 Baseline Credit Assessment (BCA); the rating uplift from our Advanced Loss Given Failure (LGF) analysis (two notches for deposits and one notch for senior debt); and our assumption of a low probability of government support, which results in no rating uplift. Bankinter's Counterparty Risk Ratings (CRRs) and Counterparty Risk (CR) Assessment are A2/ Prime-1 and A3(cr)/Prime-2(cr), respectively. Bankinter's baa2 BCA reflects its sound credit risk profile, primarily in terms of asset quality and profitability, with related metrics ranking among the strongest in the Spanish banking sector. The bank's BCA also reflects its adequate capital ratios and sound funding...

Moody's affirms Bankinter's ratings; outlook stable - Rating Action – 2023/04/28 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Bankinter, S.A.: Key facts and statistics - H1 June 2022 - Issuer Profile – 2022/10/10 – US$ 200.00 – ...Bankinter S.A. (Bankinter) is a commercial bank based in Spain. As of 30 June 2022, it reported a consolidated asset base of 111.5 billion. Bankinter offers a range of financial products and services, including personal, private and corporate banking, investment banking, insurance, treasury and capital market facilities, to small and medium-sized enterprise (SME), retail, corporate and high-net-worth (HNW) customers. As of 30 June 2022, the bank provided its services through 446 branches in Spain. Bankinter was founded in June 1965 as the industrial bank Banco Intercontinental Espa±ol, as the result of the 50:50 joint venture between Banco de Santander and Bank of America. The bank was listed on the Madrid Stock Exchange in 1972, when it became a commercial bank fully independent of its founders. Currently, it is listed on the Madrid and Barcelona stock exchanges (Ticker: BKT). As of 31 December 2021, the largest shareholder of the bank was Cartival, S.A., which held a stake of 23.19%....

Bankinter, S.A.: Update to credit analysis - Credit Opinion – 2022/04/29 – US$ 250.00 – ...Bankinter, S.A.'s A3/Prime-2 deposit rating and Baa1 long-term senior debt rating reflects the bank's baa2 Baseline Credit Assessment (BCA); the rating uplift from our Advanced Loss Given Failure (LGF) analysis (two notches for deposits and one notch for senior debt); and our assumption of a low probability of government support, which results in no rating uplift. Bankinter's Counterparty Risk Ratings (CRRs) and Counterparty Risk (CR) Assessment are A2/ Prime-1 and A3(cr)/Prime-2(cr), respectively. Bankinter's baa2 BCA reflects its sound credit risk profile, primarily in terms of asset quality and profitability, with related metrics ranking among the strongest in the Spanish banking sector. The bank's BCA also reflects its adequate capital ratios and sound funding structure, which is principally reliant on customer deposits. The ratings incorporate some deterioration in Bankinter's asset quality following the expiry of public measures supporting borrowers' credit quality and inflationary...