FRANKFURT (S&P Global Ratings) July 1, 2022--S&P Global Ratings today withdrew its 'A/A-1' long- and short-term issuer credit ratings on the 49 savings banks in the German states of Hesse and Thuringia and their majority-owned central bank Landesbank Hessen-Thueringen Girozentrale (Helaba), collectively known as Sparkassen-Finanzgruppe Hessen-Thueringen, at the company's request. The outlook was stable at the time of the withdrawal. Criteria Financial Institutions Banks: Banking Industry Country Risk Assessment Methodology And Assumptions, Dec. 9, 2021 Criteria Financial Institutions General: Financial Institutions Rating Methodology, Dec. 9, 2021 General Criteria: Environmental, Social, And Governance Principles In Credit Ratings, Oct. 10, 2021 General Criteria: Group Rating Methodology, July 1, 2019 General Criteria: Hybrid Capital: Methodology And Assumptions, July 1,
