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Landesbank Hessen-Thueringen Girozentrale Mar 01 Product Image

Landesbank Hessen-Thueringen Girozentrale Mar 01

  • ID: 1789402
  • March 2001
  • Standard & Poors

Abstract
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

Action: Review

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.

Research Type: Full Analysis

- 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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