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European rating agency. Objective, transparent, independent.

Commerzbank Finance & Covered Bond SA

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB+ Watch NEW 24.03.2020 28.03.2020
BBB+ Outlook STA 29.11.2019 06.12.2019
BBB+ Outlook STA 25.09.2018 31.10.2018

News

  • 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.
  • 06.12.2019
    Creditreform Rating has affirmed the rating of Commerzbank Finance & Covered Bond SA at BBB+. The outlook is stable. In addition, Creditreform Rating has set the rating of Additional Tier 1 Capital to n.r. and the rating of Tier 2 Capital to n.r. The rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) was set to n.r. Moreover, the rating of Non-Preferred Senior Unsecured Debt was set to n.r.
  • 31.10.2018
    Creditreform Rating has set the rating of Commerzbank Finance & Covered Bond SA 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 BB-, the rating of Tier 2 to BB and the rating of the Senior Unsecured to BBB+.