Article: ABN-AMRO France Assigned AA/A-1+ Rtgs by S&P; Otlk Stable

LONDON, June 20 /PRNewswire/ -- Standard & Poor's today has assigned its double-'A' long-term counterparty rating and 'A-1'-plus short-term counterparty rating to ABN-AMRO France S.A. The outlook is stable. The ratings are based on ABN-AMRO France's strategic importance to its parent company, ABN-AMRO Bank N.V. (ABN-AMRO), and its high degree of operational integration within the ABN-AMRO group. ABN-AMRO's double-'A'/'A-1'-plus ratings reflect its strong commercial position as the largest bank group in the Netherlands, as well as its satisfactory operating profitability and adequate capitalization.

ABN-AMRO France, which is 88% owned by ABN-AMRO, is the ...

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