Deutsche Kreditbank AG/Non-preferred Senior Unsecured
Deutsche Kreditbank AG
Action Validity Date
Creditreform Rating has revised its outlook on the Deutsche Kreditbank AG to stable from watch negative and affirmed the rating of Deutsche Kreditbank AG of A-. In addition, Creditreform Rating has confirmed the rating of Tier 2 at BB+ and the rating of Preferred Senior Unsecured Debt at A-. The rating of Non-Preferred Senior Unsecured Debt was confirmed at BBB+. 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 affirmed the rating of Bayerische Landesbank (Group) and the subsidiary Deutsche Kreditbank AG at A-. The outlook is stable.
In addition, Creditreform Rating has affirmed the rating of Tier 2 capital at BB+ and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) at A-. Moreover, the rating of Non-Preferred Senior Unsecured debt was set to BBB+.