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European rating agency. Objective, transparent, independent.

Erste Group Bank AG (Konzern)/Additional Tier 1

Erste Group Bank AG

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB- Watch NEW 24.03.2020 28.03.2020
BBB- 29.11.2019 10.12.2019
BB+ Watch UNW 18.06.2019 21.06.2019
BB+ 24.08.2018 26.09.2018
BB+ 09.03.2018 22.03.2018

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.
  • 10.12.2019
    Creditreform Rating has raised the rating of Erste Group Bank AG from A- to A. The outlook is stable. In addition, Creditreform Rating has raised the rating of Additional Tier 1 capital from BB+ to BBB- and the rating of Tier 2 capital from BBB- to BBB. The rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) was raised from A- to A. 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.
  • 26.09.2018
    Creditreform Rating has affirmed the rating of Erste Group Bank AG with A-. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 with BB+, the rating of Tier 2 with BBB- and the rating of Senior Unsecured with A-.
  • 22.03.2018
    Creditreform Rating has set the rating of Erste Group Bank AG to A-, with stable outlook. Creditreform Rating has also determined the ratings of the debt classes as follows. The rating of Additional Tier 1 was set to BB+, the rating of Tier 2 to BBB- and the rating of the Senior Unsecured to A-.