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European rating agency. Objective, transparent, independent.

Tier 2

DZ BANK AG Deutsche Zentral-Genossenschaftsbank

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB+ 07.12.2023 12.12.2023
BBB+ 07.12.2022 14.12.2022
BBB+ 29.11.2021 02.12.2021
BBB+ Watch UNW 05.07.2021 06.07.2021
BBB+ 26.11.2020 15.12.2020
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

  • 12.12.2023
    Creditreform Rating (CRA) affirms DZ Bank AG's (Group) Long-Term Issuer Rating at AA-. The rating outlook is stable. CRA affirms DZ Bank AG's Preferred Senior Unsecured Debt at AA-, Non-Preferred Senior Unsecured Debt at A+, Tier 2 Capital at BBB+ and AT1 Capital at BBB.
  • 14.12.2022
    Creditreform Rating has affirmed the Long-Term Issuer Rating of DZ Bank AG at 'AA-'. The outlook is 'stable'. The rating of 'Additional Tier 1' capital is affirmed at 'BBB'. The rating of 'Tier 2' capital is affirmed at 'BBB+'. The rating of 'Non-Preferred Senior Unsecured' is affirmed at 'A+'. The rating of 'Preferred-Senior Unsecured' debt is affirmed at 'AA-'. For further information, please refer to our Rating Update on our website.
  • 02.12.2021
    Creditreform Rating affirmed the long-term issuer rating of DZ Bank AG Deutsche Zentral-Genossenschaftsbank at AA-. The outlook remains stable. In addition, Creditreform Rating has also affirmed the rating of Additional Tier 1 capital at BBB, the rating of Tier 2 capital at BBB+, the rating of Non-Preferred Senior Unsecured debt at A+ and the rating of Preferred Senior Unsecured debt at AA-. For more details regarding the rating, we refer to our rating report on our homepage.
  • 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+.
  • 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.