Quintet Private Bank, which is privately owned, successfully placed €125 million in additional tier-1 (AT1) notes in October 2020. Those AT1 notes are listed on the Luxembourg Stock Exchange (Euro MTF). Existing and potential AT1 investors – as well as other interested parties – will find here an introduction to the bank, including key figures pertaining to Quintet’s solvency, liquidity and financial performance.
*Key 2023 figures and rating
23.9%
CONSOLIDATED TIER-1 RATIO
19.6%
COMMON EQUITY TIER-1 RATIO
BBB
147.9%
LIQUIDITY COVERAGE RATIO
*KEY 2023 FINANCIALS
- Net profit rises to €46.9 million
- Income reaches €602.4 million
- Expenses largely stable at €522.1 million
- Total client assets reach €92 billion
- CET1 ratio rises to 19.6%, well above regulatory threshold
*All figures as of December 31, 2023
