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Bayerische Hypo- und Vereinsbank AG

Published Nov 01, 2006

8411 words — Published Nov 01, 2006

Price US$ 500.00 | Buy this Report Now

About This Report

Abstract:

Strategic importance to UniCredito Italiano SpA (UniCredito; A+/Stable/A-1) Domestic franchise, mainly in Bavaria Improved earnings trend due to restructuring even considering tailwind from an unusually favorable environment Weak domestic mortgage loan book High earnings reliance on capital markets Modest business and earnings diversification after the sale of Bank Austria Creditanstalt AG The ratings on Germany-based Bayerische Hypo- und Vereinsbank AG (HVB) are based on its strategically important status within the UniCredito group. The 'AAA' ratings on HVB's Öffentliche Pfandbriefe primarily reflect the quality of Pfandbriefe collateral, coupled with protections afforded by German insolvency and banking laws. HVB's Hypothekenpfandbriefe are not rated by Standard&Poor's Ratings Services. HVB's profile will change substantially through the planned group-internal transactions over the next

Brief Excerpt:

RESEARCH Bayerische Hypo- und Vereinsbank AG Publication date: 01-Nov-2006 CREDIT RATING A/Stable/A-1 Outstanding Rating(s) Counterparty Credit A/Stable/A-1 Certificate of deposit A/A-1 Senior unsecured A Commercial paper A-1 Subordinated...

Report Type:

Full Report

Ticker

HVM@GR

Issuer

UniCredit Bank AG

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Public Finance, Structured Finance

Country

Germany

Region

United States

Format:

HTML

Summary: Bayerische Hypo- und Vereinsbank AG – 2007/02/26 – US$ 225.00

Outlook Revised To Positive On UBM Transfer; 'A/A-1' Ratings Affirmed – 2007/04/02 – US$ 150.00

Research Update: Outlook On Germany's HVB Revised To Positive On UBM Transfer; 'A/A-1' Ratings Affirmed – 2007/04/02 – US$ 225.00

Summary: Bayerische Hypo- und Vereinsbank AG – 2007/04/10 – US$ 225.00

Germany-Based HVB L-T Rating Raised To 'A+'; 'A-1' S-T Rating Affirmed; Outlook Stable – 2007/11/30 – US$ 150.00

Summary: Bayerische Hypo- und Vereinsbank AG – 2006/11/01 – US$ 225.00

HVB Outlook Revised To Stable In Line With UniCredito; 'A/A-1' Ratings Affirmed – 2006/10/10 – US$ 150.00

Research Update: HVB Outlook Revised To Stable In Line With UniCredito; 'A/A-1' Ratings Affirmed – 2006/10/10 – US$ 225.00

Bayerische Hypo- und Vereinsbank AG – 2006/02/28 – US$ 500.00

Summary: Bayerische Hypo- und Vereinsbank AG – 2006/02/28 – US$ 225.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:	S&P Global Ratings’ Credit Research. "Bayerische Hypo- und Vereinsbank AG" Nov 01, 2006. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bayerische-Hypo-und-Vereinsbank-AG-542282>

APA:	S&P Global Ratings’ Credit Research. (). Bayerische Hypo- und Vereinsbank AG Nov 01, 2006. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bayerische-Hypo-und-Vereinsbank-AG-542282>

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