The rating agencies Standard & Poor's (S&P) and Fitch Ratings have this week both reconfirmed their credit rating for F. van Lanschot Bankiers N.V. at A (Single A) with a stable outlook.
In its report, S&P attributes this rating to Van Lanschot's "conservative management and solid asset quality, together with a sound capital base and strong funding position."
According to Fitch Ratings, "Van Lanschot's ratings reflect its strong domestic niche banking franchise, limited risk appetite, consistent profitability, sound asset quality and adequate capitalisation and liquidity."
's-Hertogenbosch, 25 July 2008
Van Lanschot press contacts: Etienne te Brake, Corporate Communication spokesperson.
Van Lanschot Investor Relations: Geraldine Bakker-Grier, Investor Relations Manager.
Van Lanschot NV is the holding company of F. van Lanschot Bankiers NV, the oldest independent bank in the Netherlands, with a history dating back to 1737. Van Lanschot focuses on three target groups: high net-worth individuals, medium-sized businesses (including family businesses) and institutional investors. Van Lanschot stands for high-quality services founded on integrated advice, personal service and customised solutions. Van Lanschot NV is listed on the Euronext Amsterdam Stock Market.
The press release can be downloaded from the following link: