trending Market Intelligence /marketintelligence/en/news-insights/trending/wHb5KGnc0QLdRaPew6Bq3Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Van Lanschot Kempen to book €35M goodwill impairment in FY'19 results

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Van Lanschot Kempen to book €35M goodwill impairment in FY'19 results

Van Lanschot Kempen NV will book a one-off impairment of goodwill of €35 million in its 2019 results.

The Dutch bank said the one-off impairment relates to the goodwill involved in its acquisition of Kempen & Co. in 2007, specifically its merchant banking operations, and was driven by an adjustment in the discount rate and flattening growth expectations for the activities.

The impairment will not affect Van Lanschot Kempen's liquidity position or common equity Tier 1 ratio, as the determination of CET1 capital already deducts goodwill, the company noted, adding that its dividend policy will also be unaffected.

The company will publish its full-year 2019 results Feb. 20.