London -- Standard&Poor's CreditWire 9/1/98 -- Standard&Poor's today assigned its double-'A'-minus long-term and 'A-1'-plus short-term counterparty credit ratings to Bayerische Hypo- und Vereinsbank AG (HypoVereinsbank), following the completion of the merger and the official start of the new entity as of Sept. 1, 1998. The outlook is stable. At the same time, Standard&Poor's affirmed its triple-'A' rating for HypoVereinsbank's public-sector Pfandbriefe (oeffentliche Pfandbriefe) and the public-sector Pfandbriefe of Westfaelische Hypothekenbank AG, Bayerische Handelsbank AG, Nuernberger Hypothekenbank AG, and Sueddeutsche Bodencreditbank AG. (See list below.) HypoVereinsbank was formed through the merger of Bayerische Vereinsbank AG (BV) and Bayerische Hypotheken- und Wechsel-Bank AG (Hypobank). In May 1998 Standard&Poor's affirmed its 'A-1'-plus short-term counterparty credit
