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European rating agency. Objective, transparent, independent.

Crédit du Nord SA

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB+ Watch UNW 05.07.2021 06.07.2021
BBB+ Outlook NEG 17.11.2020 04.12.2020
BBB+ Watch NEW 24.03.2020 28.03.2020
BBB+ Outlook STA 16.08.2019 26.08.2019
BBB+ Outlook STA 31.08.2018 27.09.2018

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.
  • 04.12.2020
    Creditreform Rating has confirmed the rating of Crédit du Nord SA with 'BBB+'. The outlook was changed from 'watch negative' to ‘negative´. In addition, Creditreform Rating has determined the rating of the debt classes as follows. The rating of the Additional Tier 1 class was confirmed at 'BB-'. The rating of the Tier 2 class was confirmed at 'BB'. The rating of the Non-Preferred Senior Unsecured class was confirmed at 'BBB'. The rating of the Preferred Senior Unsecured class was confirmed at 'BBB+'. For further information please 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.
  • 26.08.2019
    Creditreform Rating has affirmed the rating of Crédit du Nord SA with BBB+. The outlook is stable. In addition, Creditreform Rating affirmed the rating of Additional Tier 1 with BB- and the rating of Tier 2 with BB. The rating of the preferred senior unsecured debt class was also affirmed at BBB+ (after reclassification from senior unsecured debt). The rating of the non-preferred senior unsecured debt was set to BBB.
  • 27.09.2018
    Creditreform Rating has set the rating of Crédit du Nord 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+.

Reports