• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Eurohypo AG May 08 Product Image

Eurohypo AG May 08

  • ID: 1752237
  • May 2008
  • Standard & Poors

Abstract
Core strategic subsidiary of Commerzbank AG Sound domestic commercial real estate market position and solid international track record Improved risk and financial profile from international business repositioning and domestic restructuring Wholesale business concentrations, with largely untested resilience against potential economic slowdowns Limited earnings and business diversification Cost of remaining domestic loan legacies The counterparty credit ratings on Eurohypo AG are based on its core strategic status to Commerzbank AG (A/Stable/A-1), which reflects the bank's full ownership by, and close operational and organizational integration into Commerzbank. This raises the ratings on Eurohypo by one notch. Eurohypo's stand-alone risk and financial profile benefits from its sound position as Germany's largest mortgage bank, the progress of its solid international earnings and risk diversification...

Companies mentioned in this report are:
- Hypothekenbank Frankfurt AG
- Commerzbank AG
- Commerzbank International S.A.
- mBank
- Commerzbank Europe (Ireland)
- Hypothekenbank in Essen AG
- Hypothekenbank Frankfurt International S.A.
- Erste Europaeische READ MORE >

- Hypothekenbank Frankfurt AG
- Commerzbank AG
- Commerzbank International S.A.
- mBank
- Commerzbank Europe (Ireland)
- Hypothekenbank in Essen AG
- Hypothekenbank Frankfurt International S.A.
- Erste Europaeische Pfandbrief- und Kommunalkreditbank AG

Note: Product cover images may vary from those shown

RELATED PRODUCTS