Research Detail
| 2019/08/14 / Erste Group Research |
Issuer Profile | Raiffeisenlandesbank Oberoesterreich RLB Oberoesterreich is the central institution of the Raiffeisen Banking Group of Upper Austria. Consolidated earnings in FY 2018 amounted to EUR 299.5mn, while total assets reached EUR 41.9bn. The bank is rated 'Baa1' by Moody's with a stable outlook. Capital markets funding is conducted via issuance of senior unsecured as well as covered bonds. In the covered bond segment the bank has both a mortgage and a public sector cover pool. Issuance activity in recent years was primarily focused on mortgage covered bonds, which are rated 'Aaa' by Moody's. |
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General information
| Author | Erste Group Research |
| Date | 2019/08/14 |
| Language |  |
| Product name | Credit News |
| Topic in focus | Credits/ Corporate bonds |
| Economy in focus | Austria |
| Currency in focus | Euro |
| Sector in focus | - |
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