EAA Covered Bond Bank plc

Business Focus

winding down WestLB’s assets

Established in 2009, Erste Abwicklungsanstalt (en: First Winding-up Agency, EAA) is a structurally and financially independent public law entity and is not a credit institution. EEA' task is to take over and wind up WestLB's (since 2 July 2012 Portigon AG) assets and risk exposures with minimal losses.

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Aa1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

EAA Covered Bond Bank plc is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa1 (high grade).

Deposit Guarantee

Guarantee Fund
Irish Deposit Guarantee Scheme (DGS)Irish Deposit Guarantee Scheme (DGS)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons
small companies
Covered Accounts
any credit balance on an account with a bank

EAA Covered Bond Bank plc participates in the deposit guarantee scheme of Ireland. This deposit guarantee scheme applies to any credit balance on an account with a bank made by natural persons, small companies and covers up to up to 100,000 EUR per bank per depositor. EAA Covered Bond Bank plc is a member of Irish Deposit Guarantee Scheme (DGS) and makes its contributions into it.

Contacts

I.F.S.C. House, I.F.S.C., 1, Dublin, Ireland
353 1 829 0040

EAA Covered Bond Bank plc is headquartered in Dublin.

Bank Identifiers

BIC (SWIFT)
WELAIE2X
LEI
54930067NCU3MF2JP846
MFI ID
IEC27987

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