Landesbank Hessen-Thueringen Girozentrale Mar 01
- ID: 1789402
- March 2001
- Standard & Poors
The ratings on Landesbank Hessen-Thüringen Girozentrale (Helaba) are based on the operating maintenance obligation (Anstaltslast) and statutory guarantee (Gewährträgerhaftung) of the State of Hesse (AAA/Stable/A-1+). Standard & Poor's views Hesse's decision to take a direct stake in Helaba as strong evidence of the state's commitment to Helaba, and the bank's importance for the state. A full analysis on the State of Hesse is available on RatingsDirect, Standard & Poor's web-based credit analysis system. On Jan. 1, 2001, the State of Hesse acquired a 10% stake in Helaba from the Savings Banks and Giro Association of Hesse-Thuringia (Sparkassen- und Giroverband Hessen-Thüringen). From this date, in addition to the Savings Banks and Giro Association, the State of Hesse and the State of...
Companies mentioned in this report are:
- Landesbank Hessen-Thueringen Girozentrale
- Helaba Finance B.V. Amsterdam
- Hesse (State of)
- Helaba International Finance PLC, Dublin
- Helaba Dublin Landesbank Hessen-Thueringen International
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