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European rating agency. Objective, transparent, independent.

Banco de Sabadell S.A./Additional Tier 1

Banco de Sabadell S.A.

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
B Watch UNW 05.07.2021 06.07.2021
B 01.10.2020 07.10.2020
B+ Watch NEW 24.03.2020 28.03.2020
B+ 08.07.2019 10.07.2019
B+ Watch UNW 18.06.2019 21.06.2019
B+ 29.05.2018 12.06.2018

News

  • 06.07.2021
    Creditreform Rating AG has revised its rating methodology for the rating of banks (Bank Ratings). Henceforth, only the revised version of the rating methodology ("Version 3.0") will be applied with the end of the consultation process. In addition, Creditreform Rating AG introduced the new sub-methodology „Institutional Protection Scheme Banks“. Hence, all current ratings of bank capital and unsecured bank instruments will be reviewed as part of our current monitoring and receive therefore the rating supplement "watch". Our revised rating methodologies can be found at www.creditreform-rating.de.
  • 07.10.2020
    Creditreform Rating has lowered the rating on Banco de Sabadell (Group) to BBB- from BBB. In addition, Creditreform Rating has revised its outlook from watch negative to stable. Moreover, Creditreform Rating has also lowered the rating of Additional Tier 1 Capital to B from B+, the rating of Tier 2 Capital to B+ from BB-, the rating of Non-Preferred Senior Unsecured Debt to BB from BB+ and the rating of Preferred Senior Unsecured Debt to BB+ from BBB-. For more details regarding the rating, we refer to our rating report on our homepage.
  • 28.03.2020
    Creditreform Rating has set the rating of all valid bank ratings and bank issues to watch negative due to the currently not assessable impact of the Corona Crisis. Not affected by this rating action are government related banks. We refer to the free available Monitoring Report for a more detailed explanation.
  • 10.07.2019
    Creditreform Rating has affirmed the rating of Banco de Sabadell S.A. (Group) at BBB. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 at B+, the rating of Tier 2 at BB- and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) at BBB-. In addition, Creditreform Rating has assigned the Non-Preferred Senior Unsecured debt class the rating of BB+.
  • 21.06.2019
    Creditreform Rating AG has revised its rating methodology for the rating of "Bank Capital and Unsecured Debt Instruments". Henceforth, only the revised version of the rating methodology ("Version 2.0") will be applied. Moreover, all current ratings of bank capital and unsecured bank instruments will be reviewed as part of our current monitoring and receive therefore the rating supplement "watch". Our revised rating methodology can be found at www.creditreform-rating.de.
  • 12.06.2018
    Creditreform Rating has set the rating of Banco de Sabadell S.A. to BBB, with stable outlook. Creditreform Rating has also determined the ratings of the debt classes as follows. The rating of Additional Tier 1 was set to B+, the rating of Tier 2 to BB- and the rating of the Senior Unsecured to BBB-.