Today, JCR announced that it affirms Leonteq’s long-term issuer rating of “BBB+” with a Stable outlook.
The rating agency Japan Credit Rating Agency, Ltd. (JCR) has affirmed a long-term issuer rating of “BBB+” with a Stable outlook for Leonteq Securities AG (including its branches in Guernsey and Amsterdam).
According to JCR, the long-term issuer rating reflects the relatively stable earnings capacity of Leonteq Securities AG based on net fee income, its financial soundness such as ample liquidity and a solid capital base, and a solid risk management system. JCR also mentions that Leonteq’s operating income significantly expanded in 2022 on an increased net trading income and expects the company’s operating income in 2023 to shrink from the previous year due to a reduced net trading income stemming from declining market volatilities.
The news release published by JCR can be found at: www.jcr.co.jp.
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Leonteq
Leonteq is a Swiss fintech company with a leading marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 13 countries across Europe, the Middle East and Asia. Leonteq AG has a BBB credit rating by Fitch Ratings, was assigned with an AA ESG rating by MSCI and is listed on the SIX Swiss Exchange (SIX: LEON).
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