Alandsbanken Abp: Rating action: Moody's assigns first time A3 deposit ratings to Ålandsbanken
Our credit view of this issuer reflects its private banking franchise with strong asset profile, strong capital and improving profitability, as well as some depositor concentration.Alandsbanken is a commercial bank that provides banking services for both private and corporate customers. Co. also provides asset management services. Co. provides customers with fixed-rate loans, limited lines of credit and retirement savings plans. Customers are also able to pay bills and check balances with Co.'s Internet branch office.
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