Privatbank: Update Following Recent Rating Action
CROSS-SECTOR CREDIT OPINION 22 September 2017 Update RATINGS Privatbank Domicile Dnipropetrovsk, Ukraine Long Term Debt Withdrawn Type Senior Unsecured - Fgn Curr Outlook Rating(s) WithDrawn Long Term Deposit Caa3 Type LT Bank Deposits - Fgn Curr Outlook Positive Please see theÂQuirin Privatbank AG, formerly quirin bank AG, is a Germany-based bank that operates through two segments: Fee-based Advisory Services and Corporate Bank. The Fee-based Advisory Services segment offers asset and wealth management, as well as financial consulting to high net worth individuals. The Corporate Bank segment supports medium-sized businesses in the area of capital market transactions, trades socks and loans for institutional customers and creates company analyses, company studies, market analyses and industry reports with focus on Germany small and medium-sized companies. The Company serves clients in offices across Germany, including in Cologne, Frankfurt am Main, Nuremberg, Munich and Freiburg, as well as through its online presence.
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