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DZ BANK AG Deutsche Zentral-Genossenschaftsbank/Non-preferred Senior Unsecured

DZ BANK AG Deutsche Zentral-Genossenschaftsbank

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A+ Watch UNW 05.07.2021 06.07.2021
A+ 26.11.2020 15.12.2020
A+ Watch NEW 24.03.2020 28.03.2020
A+ 09.12.2019 18.12.2019

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.
  • 15.12.2020
    Creditreform Rating has revised its outlook on the DZ Bank AG Deutsche Zentral-Genossenschaftsbank (Group) to stable from watch negative and affirmed the rating of DZ Bank AG Deutsche Zentral-Genossenschaftsbank (Group) at AA-. Creditreform Rating has also affirmed the rating of BBB of Additional Tier 1, the rating of BBB+ of Tier 2 and the rating of AA- 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.
  • 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+.

Reports