Our Credit Rating
Credit Rating Information
| Short-term | Long-term | Outlook |
|---|---|---|---|
Moody's | P-2 | Baa1 | Stable |
The long-term debt rating of Baa1 for Bank First, a trading name of Victoria Teachers Limited, reflects an excellent asset quality, driven by a focus on mortgages and conservative underwriting. Such a low-risk business model is supported by a mutual ownership structure that alleviates pressure on profit maximisation.
Credit ratings are statements of opinion and not statements of fact or recommendations to purchase, sell or hold any securities. Credit ratings are subject to change. For the latest credit ratings information please refer to www.moodys.com.
Moody's Investors Service Pty Limited. holds Australian financial services licence number 383569 under the Corporations Act 2001. Moody's credit ratings and related research are not intended for and must not be distributed to any person in Australia other than a wholesale client (as defined in the Corporations Act).