Fitch affirms Van Lanschot

Fitch Ratings said it affirmed Van Lanschot NV's long-term issuer default rating at BBB+.

The outlook is stable.

“Van Lanschot's ratings reflect the bank's established, albeit regional, franchise in wealth and asset management as well as merchant banking,” the agency said in a news release.

“The ratings are underpinned by the bank's sound capital ratios, balanced funding profile and fairly conservative risk appetite. They also reflect Van Lanschot's improving profitability and good quality core loan book.”

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