The rating agency Standard & Poor's (S&P) has today reconfirmed F. van Lanschot Bankiers N.V.'s credit rating at Single A minus (stable outlook). In its report, S&P states that this affirmation of the credit rating is due in part to the bank's good capitalization and sound funding and liquidity position.
"The ratings on Netherlands-based private bank F. van Lanschot Bankiers N.V. reflect Standard & Poor's Ratings Services' view of its conservative management, good capital base, and sound funding position", according to S&P.
Van Lanschot's low risk profile is also reflected in the fact that the bank has no exposure to sovereign debt of Greece, Portugal, Ireland, Italy and Spain.
's-Hertogenbosch, 13 July 2011
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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 Euronext Amsterdam.