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

Hypo Tirol Bank AG

Published Feb 03, 2016

12 pages (5109 words) — Published Feb 03, 2016

Price US$ 500.00 | Buy this Report Now

About This Report

Abstract:

High market share with corporate clients in Tyrol. Adequate capital buffer to cover risks. Funding and liquidity supported by implicit support from Tirol and unused collateral to issue covered bonds. Highly competitive banking market in Austria limits profitability. Success of the repositioning and restructuring in the recent years needs yet to be proven. Legacy non-performing loans weight on the risk profile. Geographical concentration on the region of Tyrol and high share of real estate and tourism related corporates in the portfolio make the bank vulnerable to cyclical downturns. Standard&Poor's Ratings Services' outlook on Hypo Tirol Bank AG (Hypo Tirol) is stable. We expect that Hypo Tirol will continue to benefit from extraordinary government support from its federal state

Brief Excerpt:

...Funding and liquidity supported by implicit support from Tirol and unused collateral to issue covered bonds....

Report Type:

Full Report

Ticker

1014Z@AV

Issuer

Hypo Tirol Bank AG

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Structured Finance

Country

Austria

Region

Europe, Middle East, Africa

Format:

PDF

Hypo Tirol Bank AG – 2017/04/28 – US$ 500.00

Summary: Hypo Tirol Bank AG – 2017/04/28 – US$ 225.00

Research Update: Austrian Bank Hypo Tirol Upgraded To 'BBB+' On Improved Capitalization; Outlook Positive – 2017/10/30 – US$ 225.00

Research Update: Austrian Hypo Tirol Bank Long-Term Rating Raised To 'A-' On Balance Sheet Strengthening; Outlook Stable – 2018/05/30 – US$ 225.00

Hypo Tirol Bank AG – 2018/07/13 – US$ 500.00

Summary: Hypo Tirol Bank AG – 2016/02/03 – US$ 225.00

Research Update: Austria-Based Hypo Tirol Bank AG Assigned 'BBB/A-3' Ratings; Outlook Stable – 2015/12/17 – US$ 225.00

Austria-Based HYPO TIROL BANK AG 'AAA/A-1+' Ratings Withdrawn At Bank's Request – 2007/03/30 – US$ 150.00

Research Update: Austria-Based HYPO TIROL BANK AG 'AAA/A-1+' Ratings Withdrawn At Bank's Request – 2007/03/30 – US$ 225.00

HYPO TIROL BANK AG – 2006/10/02 – US$ 500.00

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Hypo Tirol Bank AG" Feb 03, 2016. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hypo-Tirol-Bank-AG-1572302>

APA:	S&P Global Ratings’ Credit Research. (). Hypo Tirol Bank AG Feb 03, 2016. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hypo-Tirol-Bank-AG-1572302>

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