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European rating agency. Objective, transparent, independent.

DZ BANK AG Deutsche Zentral-Genossenschaftsbank (Konzern)/Additional Tier 1

DZ BANK AG Deutsche Zentral-Genossenschaftsbank

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB Watch NEW 24.03.2020 28.03.2020
BBB 09.12.2019 18.12.2019
BBB Watch UNW 18.06.2019 21.06.2019
BBB 25.09.2018 06.12.2018
BBB 01.02.2018 08.02.2018

News

  • 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
    Creditreform Rating has affirmed the rating of DZ BANK AG at AA-. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 Capital at BBB and the rating of Tier 2 Capital at BBB+. The rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) was affirmed at AA-. Moreover, the rating of Non-Preferred Senior Unsecured Debt was set to A+.
  • 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.
  • 06.12.2018
    Creditreform Rating has affirmed the rating of DZ BANK AG Deutsche Zentral- Genossenschaftsbank with AA-. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 with BBB, the rating of Tier 2 with BBB+ and the rating of the Senior Unsecured with AA-.
  • 08.02.2018
    Creditreform Rating has determined the rating of the unsecured debt classes of DZ Bank AG Deutsche Zentral-Genossenschaftsbank as follows. The rating of the Additional Tier 1 was set to BBB, the rating of Tier 2 to BBB+ and the rating of the Senior Unsecured to AA-. The rating of DZ Bank AG Deutsche Zentral-Genossenschaftsbank was set to AA- on 17.05.2017.