IKB Deutsche Industriebank AG

  • WKN: 806330
  • ISIN: DE0008063306
  • Land: Deutschland

Nachricht vom 15.01.2021 | 09:59

IKB Deutsche Industriebank AG receives investment grade rating from Moody's and Fitch

DGAP-News: IKB Deutsche Industriebank AG / Key word(s): Rating/Rating
15.01.2021 / 09:59
The issuer is solely responsible for the content of this announcement.

IKB Deutsche Industriebank AG receives investment grade rating from Moody's and Fitch

[Düsseldorf, 15 January 2021] IKB has been assigned investment grade ratings from rating agencies Moody's and Fitch. Moody's has given IKB a deposit and issuer rating of Baa1 with a stable outlook, while Fitch has announced a deposit and issuer rating of BBB with a negative outlook.

These ratings satisfy the requirements of many business partners and institutional investors. Moody's highlighted in particular IKB's solid capital position in addition to its good asset quality, as well as its strong market position with German mid-cap clients. According to Fitch, IKB's clear business model, which focuses on public programme loans and commercial loans to the German upper mid-cap segment supports its credit strength. Other positive factors are its sound capital position and a strong refinancing and liquidity profile. Both rating agencies have emphasized the bank's recent positive revenue and cost development and the resulting improved profitability. Fitch's negative outlook mainly reflects the current overall market conditions in the banking sector and not necessarily IKB-specific concerns.

Ratings IKB Moody's Fitch
Counterparty Risk Rating Long-term A3 NR
Short-term P-2 NR
Issuer Credit Rating Long-term Baa1 (outlook: stable) BBB (outlook: negative)
Short-term P-2 F3
Deposit Rating Long-term Baa1 (outlook: stable) BBB (outlook: negative)
Short-term P-2 F3
Stand-alone Rating   baa3 bbb
 


Click here for further details.

Contact:
Andreas Misiek, phone: +49 211 8221-3073, e-mail: presse@ikb.de
Armin Baltzer, phone: +49 211 8221-6236, e-mail: presse@ikb.de

IKB Deutsche Industriebank AG supports medium-sized enterprises with loans, capital market services and advisory services.



15.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC-Fokusbox

Kaufen: Vectron Systems AG legt verstärkt Fokus auf Digitalgeschäft

Nachdem die Vectron Systems AG bislang insbesondere Kassensysteme verkauft hat, wird nun das Digitalgeschäft stärker in den Fokus rücken. Damit sollen die wiederkehrenden Einnahmen und die Wertschöpfung je Kunde deutlich erhöht werden. Über Cloud-Module können die Kunden nun mehrere digitale Services, die sie sonst über viele Einzelverträge abdecken, direkt mit dem Erwerb der Vectron-Kassen über den Fachhandel dazubuchen. Wir haben die Vectron Systems AG im Rahmen eines DCF-Modells bewertet und ein Kursziel in Höhe von 21,15 € ermittelt und vergeben das Rating KAUFEN.

Aktuelle Research-Studie

amalphi AG

Original-Research: amalphi AG (von Sphene Capital GmbH): Buy

16. Juni 2021