Landesbank Hessen-Thueringen Girozentrale/Sparkassen-Finanzgruppe Hessen-Thueringen - S&P Global Ratings’ Credit Research

Landesbank Hessen-Thueringen Girozentrale/Sparkassen-Finanzgruppe Hessen-Thueringen

Landesbank Hessen-Thueringen Girozentrale/Sparkassen-Finanzgruppe Hessen-Thueringen - S&P Global Ratings’ Credit Research
Landesbank Hessen-Thueringen Girozentrale/Sparkassen-Finanzgruppe Hessen-Thueringen
Published Nov 03, 2014
14 pages (5704 words) — Published Nov 03, 2014
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

A group credit profile based on the regional savings bank sector's cohesiveness and regional protection scheme. A solid retail market position in two of Germany's comparably stronger and well-diversified economic regions. Strong capitalization from high earnings retention. Landesbank Hessen-Thueringen Girozentrale (Helaba) has only modest preprovision earnings and capital buffers to absorb tail risk from its wholesale-centered business model. The regional savings banks have high cost bases. Traditional core products continue to face margin pressure. The core member banks of Germany-based Sparkassen-Finanzgruppe Hessen-Thueringen (SFHT) include the regional savings banks and their central bank Landesbank Hessen-Thueringen Girozentrale (Helaba). The stable outlook on these banks reflects Standard&Poor's Ratings Services assessment that the financial profiles of SFHT and Helaba will remain relatively

  
Brief Excerpt:

...A group credit profile based on the regional savings bank sector's cohesiveness and regional protection scheme....

  
Report Type:

Full Report

Ticker
2482Z@GR
Issuer
Landesbank Hessen-Thueringen Girozentrale
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Germany
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Landesbank Hessen-Thueringen Girozentrale/Sparkassen-Finanzgruppe Hessen-Thueringen" Nov 03, 2014. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Landesbank-Hessen-Thueringen-Girozentrale-Sparkassen-Finanzgruppe-Hessen-Thueringen-1367181>
  
APA:
S&P Global Ratings’ Credit Research. (). Landesbank Hessen-Thueringen Girozentrale/Sparkassen-Finanzgruppe Hessen-Thueringen Nov 03, 2014. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Landesbank-Hessen-Thueringen-Girozentrale-Sparkassen-Finanzgruppe-Hessen-Thueringen-1367181>
  
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