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Bavaria (State of) Jan 01
Standard & Poors, Jan 2001
Abstract
The ratings on the State of Bavaria reflect the state's strong economy and financial position in comparison with other regions worldwide, as well as with other German states. Bavaria has historically posted economic growth rates above the German average. It generates one of the highest per capita incomes in Germany and in Europe, and has maintained one of the lowest unemployment rates of the German states. Over the past three decades, Bavaria has transformed its formerly agrarian economy into a well diversified, robust service-oriented economy complemented by a strong diversified industrial base and an excellent infrastructure. The region around Munich, Bavaria's capital, is one of Germany's foremost high-tech regions (particularly in the biotechnology sector), the largest German insurance location, and...
Companies mentioned in this report are: State of Bavaria,Bayerische Landesbank,Bayerische Landesbank U.S. Finance Inc.
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
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