Sweden's Landshypotek affirmed at 'A+' with stable outlook - Fitch |
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Published
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Fri, 30 Nov 2007 06:54 |
BANGALORE (Thomson Financial) - Fitch Ratings said it has affirmed Sweden-based Landshypotek AB's (LH) ratings at long-term issuer default (IDR) 'A+' with a stable outlook, reflecting its strong niche franchise, asset quality and level of capital.The ratings agency also affirmed LH's short-term IDR 'F1', individual 'B', support '3' and support rating floor 'BB+'.Fitch said the ratings of General Mortgage Bank of Sweden are also affirmed at long-term IDR 'A+' with a stable outlook reflecting the integration with LH, its parent company.TFN.newsdesk@thomson.comash/jroCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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