Media release

Standard & Poor’s reconfirms “A–” rating of VP Bank

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Rating agency Standard & Poor’s maintains the excellent “A–” rating (A–/A–2) of VP Bank Group.

On 31 August 2015, Standard & Poor’s Ratings Services reconfirmed the “A–” rating (A–/Negative/A–2) of VP Bank Group, thereby underscoring the formidable creditworthiness of the Bank. The latest report notes the very strong capitalisation as well as the stable shareholder structure and stable and granular customer deposit base.

This unchanged “A–” rating is testimony to the solid and successful business model and shows that VP Bank Group is well equipped to meet the challenges of the future.