Stuttgart in May 2022
SAUTTER LIFT COMPONENTS IS ELIGIBLE FOR THE THIRD TIME IN A ROW!
For several years, SLC has provided its financial statements to the Deutsche Bundesbank for analysis. The Bundesbank’s analysis has shown that SLC is classified as “eligible for a central bank credit”. And this for the third time in a row, i.e. for the annual financial statements 2019, 2020 and 2021.
“Eligible companies are included in an electronic directory that can only be viewed by credit institutions that use the Deutsche Bundesbank’s creditworthiness analysis procedure for their central bank refinancing.
Companies rated as “eligible” by the Bundesbank’s credit assessment may be treated by the Bundesbank and by other Eurosystem central banks for monetary policy purposes in the same way as companies rated investment grade by one of the rating agencies recognized by the Eurosystem for monetary policy purposes, i.e. credit claims against such companies are eligible as collateral for monetary policy operations of the Bundesbank and other Eurosystem central banks.”
We are very pleased about this seal of quality for the balance sheet and P&L of our company, which, by the way, is also confirmed by a slowly but steadily improving rating at Creditreform.