|
|
 |
|
Viewing report
|
|
|
|
Banca di Credito Cooperativo dell'Alta Padovana SCaRL Jan 04
Standard & Poors, Jan 2004
Abstract
Well rooted bank in a wealthy economic zone; Strong earnings-generation capacity, thanks to high revenue generation and good control of costs; Capital base large in relation to risks; Low concentration by borrower compared with peers'. Excellent credit-risk track record with low doubtful-loan inflows, and good provisioning level; and Potential external support, thanks to membership in the Banche di Credito Cooperativo (BCC) system. Risks embedded in the double-digit growth of the credit portfolio, which has doubled in size in the past four years and is therefore largely unseasoned; Concentration of the lending portfolio in the real estate sector; Low geographical and business diversification; and High market-risk exposure in the past, although following a drastic revision in policy, market-risk exposure has plummeted....
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
|
|
|
|
