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Research Update: Fifty German Savings Banks Of S-Finanzgruppe Hessen-Thueringen Rated 'A/A-1'; Outlook Stable Mar 06 Product Image

Research Update: Fifty German Savings Banks Of S-Finanzgruppe Hessen-Thueringen Rated 'A/A-1'; Outlook Stable Mar 06

  • ID: 1789374
  • March 2006
  • Region: Germany
  • Standard & Poors

FEATURED COMPANIES

  • Frankfurter Sparkasse
  • Kreissparkasse Limburg
  • Nassauische Sparkasse
  • Sparkasse Fulda
  • Sparkasse Laubach-Hungen
  • Sparkasse Starkenburg
  • MORE

Abstract
On March 9, 2006, Standard & Poor's Ratings Services assigned its 'A/A-1' ratings to all 50 savings banks in the German states of Hesse and Thuringia, which are also members of the "S-Finanzgruppe Hessen-Thueringen" (SFHT; for complete list of newly assigned issuer credit ratings see below). The outlooks are stable. The ratings on the savings banks are based on Standard & Poor's view of the SFHT as a cohesive, single economic group, and reflect the aggregate financial strength of its member banks. Standard & Poor's expects that improving cooperation and integration will further enhance the banks' financial strength. The 50 savings banks in Hesse and Thuringia and Landesbank Hessen-Thueringen Girozentrale (Helaba) represent the SFHT's key member institutions. The SFHT benefits...

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.

- Landesbank Hessen-Thueringen Girozentrale
- Helaba Dublin Landesbank Hessen-Thueringen International
- Sparkasse Altenburger Land
- Sparkasse Arnstadt-Ilmenau
- Sparkasse Bad Hersfeld-Rotenburg
- Sparkasse Battenberg
- Sparkasse Bensheim
- Stadtsparkasse Borken
- Stadt- und Kreis-Sparkasse Darmstadt
- Sparkasse Dieburg
- Sparkasse Dillenburg
- Kreissparkasse Eichsfeld
- Stadtsparkasse Felsberg
- Frankfurter Sparkasse
- Sparkasse Fulda
- Kreissparkasse Gelnhausen
- Sparkasse Gera-Greiz
- Sparkasse Giessen
- Kreissparkasse Gotha
- Stadtsparkasse Grebenstein
- Kreissparkasse Gross-Gerau
- Sparkasse Gruenberg
- Sparkasse Hanau
- Kreissparkasse Hildburghausen
- Sparkasse Jena-Saale-Holzland
- Kasseler Sparkasse
- Kyffhaeusersparkasse
- Sparkasse Langen-Seligenstadt
- Sparkasse Laubach-Hungen
- Kreissparkasse Limburg
- Sparkasse Marburg-Biedenkopf
- Sparkasse Mittelthueringen
- Nassauische Sparkasse
- Kreissparkasse Nordhausen
- Sparkasse Oberhessen
- Sparkasse Odenwaldkreis
- Staedtische Sparkasse Offenbach am Main
- Sparkasse Rhoen-Rennsteig
- Kreissparkasse Saale-Orla
- Kreissparkasse Saalfeld-Rudolstadt
- Kreissparkasse Schluechtern
- Kreissparkasse Schwalm-Eder
- Stadtsparkasse Schwalmstadt
- Sparkasse Sonneberg
- Sparkasse Starkenburg
- Taunus-Sparkasse
- Sparkasse Unstrut-Hainich
- Sparkasse Waldeck-Frankenberg
- Wartburg-Sparkasse
- Kreissparkasse Weilburg
- Sparkasse Werra-Meissner
- Sparkasse Wetzlar

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