Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research UniCredit Bank AG

HVB Outlook Revised To Stable In Line With UniCredito; 'A/A-1' Ratings Affirmed

Published Oct 10, 2006

Price US$ 150.00 | Buy this Report Now

About This Report

Abstract:

FRANKFURT (Standard&Poor's) Oct. 10, 2006--Standard&Poor's Ratings Services said today it revised the outlook on Germany-based Bayerische Hypo- und Vereinsbank AG (HVB) to stable from negative. At the same time, the long-term 'A' and short-term 'A-1' counterparty credit ratings were affirmed. "The rating action follows today's outlook revision to stable from negative on HVB's 93.9% owner UniCredito Italiano SpA (UniCredito; A+/Stable/A-1), indicating that the UniCredito group's solid business and financial profiles are expected to be maintained in the future," said Standard&Poor's credit analyst Stefan Best. The ratings on HVB are based on its strategically important status within the UniCredito group. HVB's profile will change substantially through the planned group-internal transactions over the next few quarters,

Report Type:

Ratings Action

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 – 2006/11/01 – US$ 225.00

Bayerische Hypo- und Vereinsbank AG – 2006/11/01 – US$ 500.00

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

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

Summary: Bayerische Hypo- und Vereinsbank AG – 2005/11/21 – US$ 225.00

Research Update: German Bank HVB And Core Subsidiaries Ratings Raised To 'A/A-1'; Outlook Negative; Off Watch – 2005/10/28 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "HVB Outlook Revised To Stable In Line With UniCredito; 'A/A-1' Ratings Affirmed" Oct 10, 2006. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/HVB-Outlook-Revised-To-Stable-In-Line-With-UniCredito-A-A-1-Ratings-Affirmed-537673>

APA:	S&P Global Ratings’ Credit Research. (). HVB Outlook Revised To Stable In Line With UniCredito; 'A/A-1' Ratings Affirmed Oct 10, 2006. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/HVB-Outlook-Revised-To-Stable-In-Line-With-UniCredito-A-A-1-Ratings-Affirmed-537673>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Residential Mortgage-Backed Securities from one place.