VP Bank once again receives “Risk Indicator 1” top rating
In March 2023, Dun & Bradstreet Schweiz AG, one of the leading providers of international business information, once again awarded VP Bank Group a top rating of 1 in the D&B Risk Indicator.
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 by Bisnode D&B.
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 232.6 per cent as of 31 December 2022, VP Bank has more than twice as much cash as required by law. With a Tier 1 ratio of 21.7 per cent, VP Bank's capital base as of 31 December 2022 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.