|
|
 |
|
Viewing report
|
|
|
|
Banca di Credito Cooperativo dell'Alta Padovana SCaRL Feb 06
Standard & Poors, Feb 2006
Abstract
Strong earnings capacity, due to high revenue generation and good cost control; Sound credit risk track record and overall provisioning levels; Strong capitalization; and Potential external support from the Italian cooperative banking system. Persistently high loan concentration in the real estate and construction sector, and significant single-name loan concentration; Credit and operational risks arising from fast organic expansion, particularly in light of the absence of clear concentration limits; and Intrinsically high geographical concentration. The ratings on Italian retail bank Banca di Credito Cooperativo dell'Alta Padovana SCaRL primarily reflect Alta Padovana's strong earnings capacity, sound credit risk track record, and capital base, which is strong in the context of the bank's risk levels, and the largest among its rated peers in...
Companies mentioned in this report are: Banca Padovana Credito Cooperativo S.C.
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
|
|
|
|
