Capital Treasury Services Limited, a leading provider of treasury services on the Isle of Man and part of the Capital International Group, is celebrating being awarded the AAAf credit rating by Standards & Poor’s for the tenth consecutive year.
Over the past decade amid some very challenging market conditions Capital Treasury Services has continued to excel and add real value to its clients and the Capital International Group. It is a dynamic, entrepreneurial and visionary part of the Group focused on treasury management, foreign exchange, cash management and payment solutions. The business provides an exciting and dynamic environment offering a professional, reliable and client driven service through the Group’s enduring values of innovation, integrity and excellence.
This focus and drive has been rewarded year on year, and the Group is extremely proud to announce, for the tenth year running, that in August 2016 the three Capital Liquidity Managed Accounts (CLMA) have had their credit quality and volatility ratings affirmed by Standard & Poor's.
This is a fantastic achievement and we are extremely pleased that following their annual audit visit, the Standard & Poor's Rating Service has once again assigned its AAAf credit quality rating and S1+ volatility rating to the three underlying portfolios of the Capital Liquidity Account (CLA).
• Capital Liquidity Managed Account - GBP
• Capital Liquidity Managed Account - USD
• Capital Liquidity Managed Account - EUR
“We are thrilled to celebrate ten years of continuous innovation, growth and success – the CLA has met every milestone it has set out to achieve while creating a new way to manage cash as an asset class," said John Cookson, Managing Director of Capital Treasury Services. "We are so proud of our staff and very excited about our continued success" John added. “August is also our 20th anniversary as a financial services group here on the Isle of Man, and so we begin the month doubly pleased at our accomplishments over the years!”
Greg Ellison, newly appointed Chief Executive for the Group went on to say that, “From experience I know it is an incredibly challenging process to be awarded the highest ratings with Standard & Poor’s, particularly with the economic challenges we have faced over the past decade. This rating is a valuable endorsement of the product and the skill with which the teams manage our clients’ assets. The Group will continue to focus on providing clients with the level of dedication and professionalism that it has come to be recognised for.”
- Ends -
