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'A-2' Ratings on Erste Bank der oesterreichischen Sparkassen AG Affirmed; Off Watch Neg Feb 01
Standard & Poors, Feb 2001
Abstract
LONDON (Standard & Poor's CreditWire) Feb. 12, 2001--Standard & Poor's today affirmed its 'A-2' short-term credit ratings on Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) and removed them from CreditWatch with negative implications, where they were placed on Dec. 22, 2000. A complete list of ratings is available on RatingsDirect, Standard & Poor's Web-based credit analysis system, or by calling the Standard & Poor's Ratings Desk on London: (44) 20-7826-3540. At the same time, Standard & Poor's raised its rating on Slovenska Sporitelna a.s. (SLSP), the largest bank in the Slovak Republic, to double-'Bpi' from single-'Bpi'. Standard & Poor's also affirmed the double-'B' long-term and single-'B' short-term counterparty credit ratings and certificate of deposit ratings on Ceska Sporitelna a.s....
Companies mentioned in this report are: Erste Group Bank AG,Slovenska Sporitelna A.S. (Unsolicited Ratings),Ceska Sporitelna A.S.
Action: Various Rating Actions
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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