Hypo Tirol Bank AG - S&P Global Ratings’ Credit Research

Hypo Tirol Bank AG

Hypo Tirol Bank AG - S&P Global Ratings’ Credit Research
Hypo Tirol Bank AG
Published Oct 30, 2020
16 pages (5799 words) — Published Oct 30, 2020
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Solid market share with corporate clients in Tyrol. Strong capitalization and historical de-risking of loan portfolio. High likelihood of receiving extraordinary government support from state of Tyrol. Squeezed income margins due to low-yield environment and competitive banking market in Austria. Lack of geographical diversification and high concentration on cyclical industries such as real estate and tourism. Asset quality somewhat weaker than that of comparable peers and expected to deteriorate amid the COVID-19 pandemic. The negative outlook on Austria-based Hypo Tirol Bank AG reflects S&P Global Ratings' view of downside risks that the bank faces in the coming 12-24 months. This includes our opinion that economic risk for the Austrian banking system could increase over the medium term as a result

  
Brief Excerpt:

...Lack of geographical diversification and high concentration on cyclical industries such as real estate and tourism....

  
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 Adobe Acrobat
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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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Hypo Tirol Bank AG" Oct 30, 2020. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hypo-Tirol-Bank-AG-2547464>
  
APA:
S&P Global Ratings’ Credit Research. (). Hypo Tirol Bank AG Oct 30, 2020. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hypo-Tirol-Bank-AG-2547464>
  
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