VP Bank has been assigned an A1/P-1 issuer rating and an Aa2/P-1 deposit rating by Moody’s

With its new Moody’s rating, VP Bank is opening a new chapter in the further development of its capital market presence. The issuer rating of A1/P-1 and the deposit rating of Aa2/P-1 reflect the Bank’s strong capitalisation, resilient business model and risk policy – key pillars of its long-term stability.

The Moody’s rating is also of significant strategic importance to VP Bank. The bank sought the rating specifically with a view to its intended participation in the Liechtenstein Pfandbrief market. As a Moody’s rating is a mandatory requirement for this, its award marked the achievement of an important milestone. In future, Pfandbriefe are to be issued regularly via the newly established Pfandbriefinstitut Liechtenstein. Through its intended participation, VP Bank aims to expand its access to the capital market and further diversify its refinancing base.

“With the Moody’s rating and our intended participation in the Liechtenstein Pfandbrief market, we are specifically strengthening our position for the next stages of our development in the capital market. For us, this is more than just a confirmation of our current strength, it opens up new options for our future refinancing,” says Urs Monstein, Group CEO of VP Bank.