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European rating agency. Objective, transparent, independent.

Caixa Geral de Depósitos, S.A.

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB Watch UNW 29.05.2020 08.06.2020
BBB Outlook STA 29.11.2019 12.12.2019

News

  • 08.06.2020
    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 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.
  • 12.12.2019
    Creditreform Rating has set the rating of Caixa Geral de Depósitos, S.A. (Group) to BBB. The outlook is stable. Creditreform Rating has also determined the ratings of the bank capital and debt classes as follows. The rating of Additional Tier 1 was set to BB-, the rating of Tier 2 was set to BB, the rating of Non-Preferred Senior Unsecured debt was set to BBB- and the rating of the Preferred Senior Unsecured was set to BBB.