European rating agency. Objective, transparent, independent.
European rating agency. Objective, transparent, independent.

Tier 2

Commerzbank Finance & Covered Bond SA

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
n.r. 29.11.2019 06.12.2019 06.12.2019
BB Watch UNW 18.06.2019 21.06.2019
BB 25.09.2018 31.10.2018

News

  • 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.
  • 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.
  • 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+.