Fitch assigns A- rating to KAS BANK, outlook stable

KAS BANK NewsFlash 5 January 2016

Fitch has published a Rating Action Commentary for KAS BANK. The long-term issuer default rating is A-. The outlook is stable.

Fitch substantiates the ratings for KAS BANK with the following arguments: 

  • KAS BANK operates as a post-trade securities services provider especially for Dutch pension schemes, insurers and investment funds. 
  • KAS BANK has an established franchise in its core business. 
  • The risk appetite of the bank is low, credit risk is very low and overall the risk control framework is solid.

Read Fitch’ press release with the Rating Action Commentary on KAS BANK on the FitchRatings website.