Research Update: Nova Kreditna Banka Maribor Unsolicited Rating Affirmed At 'BBBpi' Despite Sovereign Downgrade, Revised Slovenia BICRA Feb 12
- Language: English
- Published: February 2012
- Region: Slovenia
Standard & Poor's Ratings Services bases its unsolicited public information ("pi") rating on Slovenia-based bank Nova Kreditna Banka Maribor d.d. (NKBM) on the bank's 'bbb-' anchor as well as our view that NKBM's business position, funding, and liquidity are neutral factors for the rating, while its capital and earnings, as well as its risk position, are negative factors for the rating. The bank's stand-alone credit profile (SACP) is in the 'bb' category. We generally neither apply modifiers (+ or -) nor assign outlooks to "pi" ratings. The 'bbb-' anchor draws on our Banking Industry Country Risk Assessment (BICRA) methodology and our view of the economic and industry risk in the Republic of Slovenia (AA-/Watch Negative/A-1+), where NKBM predominantly operates. The...
Companies mentioned in this report are: Nova Kreditna Banka Maribor d.d. (Unsolicited Ratings)
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Nova Kreditna Banka Maribor d.d. (Unsolicited Ratings)