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Fitch bevestigt A- rating KAS BANK; Outlook stable

16 december 2016, 12:00
Fitch bevestigt A- rating KAS BANK; Outlook stable
Fitch bevestigt A- rating KAS BANK; Outlook stable
In haar vandaag gepubliceerde rapport over KAS BANK bevestigt Fitch Ratings de A- long-term issuer default rating van KAS BANK. De outlook is stable.
 
  • Fitch onderbouwt de rating met onder andere de volgende argumenten:
  • Fitch expects KAS BANK to maintain critical mass in its core asset administration business. Its knowledge of local reporting and regulatory requirements enables it to provide tailor-made value-added reporting services to its customers.
  • Fitch views KAS BANK's risk appetite as low. The bank is mainly exposed to operational risk while credit risk is very low.
  • Outsourcing agreements are tight and comprehensive controls are in place, and further client on-boarding and upscaling will be more cost efficient.
  • KAS BANK’s common equity Tier 1 ratio was 26% at end-June 2016, reflecting management’s aim to maintain the bank’s regulatory capital ratios well above regulatory requirements.
 
Lees de volledige Rating Action Commentary van Fitch Ratings.
 
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