Standard&Poor's today has assigned its 'A-1'-plus short-term credit rating to ABN-AMRO Lease Holding N.V. (AALH). The rating is based on the bank's ownership by ABN-AMRO Bank N.V. (issuer credit ratings double-'A'/'A-1'-plus), its strong market position, high profitability, and excellent asset quality. The rating also reflects Standard&Poor's expectation that AALH will remain under ABN-AMRO Bank ownership and that it will continue to have a solid financial profile. ABN-AMRO Bank's ratings reflect its position as one of the largest and most diversified European universal banks, as well as its satisfactory operating profitability and adequate capitalization. AALH's main business is the lease management of corporate vehicle fleets. It conducts this business in 19 countries. Through Amstel Lease Maatschappij, its
