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

Deutsche Hypothekenbank AG

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
n.r. 13.07.2021 14.07.2021 14.07.2021
BBB- Watch UNW 05.07.2021 06.07.2021
BBB- Outlook STA 15.09.2020 06.10.2020
BBB- Watch NEW 24.03.2020 28.03.2020
BBB- Watch UNW 12.12.2019 18.12.2019
BBB- Outlook STA 25.09.2018 18.10.2018


  • 14.07.2021
    The rating of Deutsche Hypothekenbank AG and its capital instruments is withdrawn due to the merger with Norddeutsche Landesbank.
  • 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
  • 06.10.2020
    Creditreform Rating has revised its outlook on the Deutsche Hypothekenbank AG to stable from watch negative and affirmed the rating of Deutsche Hypothekenbank AG at BBB-. In addition, Creditreform Rating has confirmed the rating of Tier 2 at B+ and the rating of Preferred Senior Unsecured Debt at BBB-. For more details regarding the rating, we 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.
  • 18.12.2019
    The planned measures of capital strengthening are responsible for the decision to set the rating to "watch". Following the EU Commission's decision to allow shareholders to strengthen their capital, it remains to be seen how the regulatory capital ratios will develop after the capital increase. After a possible implementation of the capital increase measures and the publication of the audited annual financial statements for fiscal year 2019, the addition "watch" can be removed again.
  • 18.10.2018
    Creditreform Rating has set the rating of Deutsche Hypothekenbank AG to BBB-, with stable outlook. Creditreform Rating has also determined the ratings of the debt classes as follows. The rating of Tier 2 was set to B+ and the rating of the Senior Unsecured to BBB-.