Creditreform Rating has revised its outlook on the Coöperatieve Rabobank U.A. (Group) to negative from watch negative and affirmed the rating of Coöperatieve Rabobank U.A. (Group) at A+. Creditreform Rating has also affirmed the rating of BBB- of Additional Tier 1, the rating of BBB+ of Tier 2 and the rating of A+ of the Preferred Senior Unsecured. The rating of Non-Preferred Senior Unsecured Debt was confirmed at A. For more details regarding the rating, we refer to our rating report on our homepage.
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.
Creditreform Rating has raised the rating on Coöperatieve Rabobank U.A. (Group) to A+ from A. The outlook is stable. Creditreform Rating has also raised the rating of Additional Tier 1 to BBB- from BB+, the rating of Tier 2 to BBB+ from BBB- and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) to A+ from A. Moreover, the rating of Non-Preferred Senior Unsecured debt was set to A.