• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Research Update: DZ BANK AG Deutsche Zentral-Genossenschaftsbank Aug 04 Product Image

Research Update: DZ BANK AG Deutsche Zentral-Genossenschaftsbank Aug 04

  • Published: August 2004
  • Standard & Poors

FEATURED COMPANIES

  • DVB Bank SE
  • DZ Bank Ireland PLC
  • DZ PRIVATBANK S.A.
  • R+V Versicherung AG
  • VR Leasing AG
  • MORE

Abstract
On Aug. 24, 2004, Standard & Poor's Ratings Services revised to stable from negative its outlooks on DZ Bank AG Deutsche Zentral-Genossenschaftsbank (DZ BANK) and on other rated members of the German cooperative banking sector. At the same time, it affirmed its 'A-' long-term and 'A-2' short-term counterparty credit and certificate of deposit ratings on DZ BANK--including its subsidiaries Deutsche Genossenschafts-Hypothekenbank AG, DZ Bank International S.A., and DZ Bank Ireland PLC--and on Westfälische Landschaft Bodenkreditbank AG and on cooperative sector member banks, Deutsche Apotheker- und Ärztebank eG. In addition, it affirmed its 'BBB+' long-term and 'A-2' short-term ratings on DVB Bank AG and VR Leasing AG. The rating actions mainly reflect: The expectation of a continued turnaround of DZ BANK's...

Companies mentioned in this report are:
- DZ BANK AG Deutsche Zentral-Genossenschaftsbank
- R+V Versicherung AG
- DZ Bank Ireland PLC
- DZ PRIVATBANK S.A.
- Deutsche Genossenschafts-Hypothekenbank AG
- Deutsche Apotheker- und Aerztebank eG
- WL BANK AG Westfaelische Landschaft Bodenkreditbank
- DVB Bank SE
- VR Leasing AG

Action: READ MORE >

- DZ BANK AG Deutsche Zentral-Genossenschaftsbank
- R+V Versicherung AG
- DZ Bank Ireland PLC
- DZ PRIVATBANK S.A.
- Deutsche Genossenschafts-Hypothekenbank AG
- Deutsche Apotheker- und Aerztebank eG
- WL BANK AG Westfaelische Landschaft Bodenkreditbank
- DVB Bank SE
- VR Leasing AG

Note: Product cover images may vary from those shown

RELATED PRODUCTS