Standard & Poor’s Maintains A- rating for VP Bank
Standard & Poor’s has confirmed VP Bank’s A- rating and improved its outlook from Stable to Positive. The confirmed rating and improved outlook takes into account the operational progress done by VP bank, low levels of credit risk and very strong capitalisation.
VP Bank is one of the few private banks in Liechtenstein and Switzerland to be rated by an international rating agency.
News Source: VP Bank Press Release
About VP Bank
Verwaltungs-und Privat-Bank Group (VP Bank — SWX:VPBN) is an internationally positioned private bank which specialises in asset management services for private individuals and intermediaries. Founded in 1956 by Guido Feger, today the bank has offices in Vaduz, Zurich, Luxembourg, Tortola (British Virgin Islands), Singapore, Hong Kong and Moscow. The shares of VP Bank are listed on SIX Swiss Exchange. An “A–“ rating from Standard & Poor’s vouches for the financial strength of this banking enterprise.
- Origin : Vaduz, Liechtenstein
- Assets : CHF 11.5 billion
- Revenue : CHF 306.6 million (NET op. income)
- Employees : 735
Official Website: www.vpbank.sg
News & Media: Press Release
Updated on 8th August 2016