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 2024 figures and rating
24.4%
CONSOLIDATED TIER-1 RATIO
20.3%
COMMON EQUITY TIER-1 RATIO
BBB
137.4%
LIQUIDITY COVERAGE RATIO
*KEY 2024 FINANCIALS
- Net profit rises to €68 million
- Income largely stable at €571.8 million
- Expenses decline to €495.1 million
- Total client assets exceed €100 billion
- CET1 ratio rises to 20.3%, well above regulatory threshold
*All figures as of December 31, 2024