Leonteq AG, an independent expert in structured investment products and long-term savings and retirement solutions, announced today that JCR rates Leonteq Securities AG at “BBB+”/Stable.
The rating agency Japan Credit Rating Agency, Ltd. (JCR) has assigned Leonteq Securities AG (including its branches in Guernsey and Amsterdam) a long-term issuer rating of “BBB+” with a Stable Outlook. Leonteq Securities AG is the main operating subsidiary of Leonteq AG. The company is a securities dealer regulated by the Swiss Financial Market Authority FINMA and is a member of the Swiss Structured Product Association.
According to JCR, the long-term issuer rating assigned to Leonteq Securities AG reflects the relatively stable earnings capacity based on fee income, financial soundness such as an ample liquidity and solid capital base, and a solid risk management system. Further information can be found at: www.jcr.co.jp.
David Schmid, Head Investment Solutions and member of the Executive Committee of Leonteq, said: “We are pleased to have received an investment grade rating from one of the leading agencies in Japan. This is a testimony to Leonteq’s achievements and an important further step in establishing Leonteq’s footprint in the Japanese market.”
Satoshi Kubo, CEO and Representative Director of Leonteq Securities (Japan) Limited, stated: “Since we obtained the investment grade rating from Fitch in January 2019, we have seen increasing demand for Leonteq-issued structured products in Japan. We are pleased to have solidified Leonteq’s credit worthiness with a BBB+ rating from JCR. This will further support our offering of Leonteq products in addition to the structured investment products issued by Raiffeisen Switzerland Cooperative and EFG International AG.”