Today, Fitch Ratings has published its Rating Action Commentary for KAS BANK. Fitch affirms KAS BANK’s A- long-term issuer default rating. The outlook is stable. Fitch substantiates the ratings for KAS BANK with, among others, the following comments:
Read Fitch’s full Rating Action Commentary for KAS BANK (PDF in new window).
C. van Zadelhoff has reported a 3.18% holding in KAS BANK to the Dutch market supervisor AFM d.d. 24 November 2016. 3%-holdings The following institutions have given notification of holdings of 3% or more in KAS BANK pursuant to the Financial Supervision Act and the Decree on Disclosure of Control and Major Holdings in Listed Companies as of 24 November 2016.
NN Group N.V.
All Capital Holding
KAS BANK N.V.
Wellington Management Company, LLP
C. van Zadelhoff
Dimensional Fund Advisors LP
Remko Dieker Secretary to the Managing Board
This morning at 9:00 AM Sikko van Katwijk, Chairman of KAS BANK’s Managing Board, opened trading at the Euronext Amsterdam exchange. Joining him at the opening were several clients from the financial and pensions industries.KAS BANK opened trading on the occasion of the bank’s recent win of “Custodian of the Year” at the annual European Pensions Awards held in London in early June. In addition to the recognition of the role of KAS BANK, this award is seen by KAS BANK as reward for the prominent and innovative role of the entire Dutch pensions and securities industries within Europe.
KAS BANK has signed a seven-year partnership with Atos SE for the management of its IT services. The agreement is part of the further optimisation of the services provided by KAS BANK and the reduction and flexibility of its IT costs.
Today KAS BANK publishes its figures for Q1 2016. The main points are:
The Financial Conduct Authority and the Department of Work and Pensions in the UK have joined forces to drive forward an agenda of transparency for UK pension funds. On 1st May 2015 KAS BANK UK Branch submitted a response to their Call for Evidence on their paper “Transaction Costs Disclosure: Improving Transparency in Workplace Pensions”. Read our full Response here.
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