All Euroclear Holding Annual Review & Accounts are now available for shareholders. Find the reports here.
Financial results
Euroclear maintains a strong capital position and a low-risk profile, which allows the group to finance further growth plans. Both S&P and Fitch Ratings reconfirmed the AA rating of Euroclear Bank in June 2023. Fitch also assigned the issuing entity of the group, Euroclear Investments SA (EINV), a Viability Rating at 'aa-'.
The group capital ratios remain solid, despite the sizable increase of its balance sheet due to the Russian sanctions. Fitch notes that “Euroclear’s investment guidelines for the bank's portfolio are particularly conservative, limiting holdings to highly liquid securities with strong ratings. Euroclear Bank applies a similarly low-risk policy when re-investing cash proceedings from frozen Russian assets.”
Fitch Affirms Euroclear Bank at 'AA'; Outlook Stable (fitchratings.com)