VP Bank once again receives “Risk Indicator 1” top rating
The rating certificate from Dun & Bradstreet is the business world’s quality seal and stands for dependability and stability. Top Rating Companies are characterised by top creditworthiness and maximum reliability due to a stable corporate situation. Only 2 per cent of Swiss and Liechtenstein companies meet the conditions for this certificate to be rated in the best risk class.
The basis for this award is the outstanding financial stability of VP Bank Group. Thus this award not only confirms that VP Bank is a trustworthy and attractive business partner with very good payment history and the highest creditworthiness, but also attests to its excellent liquidity.
With a liquidity coverage ratio of 305.8 per cent as of 31 December 2023, VP Bank has more than three times as much cash as required by law. With a Tier 1 ratio of 24.9 per cent, VP Bank's capital base as of 31 December 2023 is well above the legal requirements. VP Bank is thus considered a bank with a very strong capital and liquidity base, even in an international comparison.
