Ratings agency Standard & Poor’s has confirmed its A rating for Liechtenstein’s VP Bank. The stable outlook has also been maintained.

Last year, Standard & Poor’s assigned the VP Bank a credit rating of A. This rating has now been confirmed, as was reported in a press release. The outlook has once again been classed as stable.

In its report, the ratings agency highlights the VP Bank's favorable financial profile with very strong capitalization, stable shareholder structure as well as its sound funding and liquidity position underpinned by a stable customer deposit base. The economic and industry conditions are a further positive for the Liechtenstein banking system, which benefits from close ties to the EU in terms of trade and regulation.

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