European rating agency. Objective, transparent, independent.
European rating agency. Objective, transparent, independent.

Erste Group Bank AG/Public Sector Covered Bonds

Erste Group Bank AG

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
AA+ Watch UNW 05.07.2021 06.07.2021
AA+ Outlook STA 15.12.2020 18.12.2020
AAA Watch NEW 24.03.2020 28.03.2020
AAA Outlook STA 27.01.2020 30.01.2020
AAA Outlook STA 11.01.2019 18.01.2019

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". Subsequently, the covered bond ratings will be reviewed and receive the rating supplement "watch" as well. Our revised rating methodologies can be found at www.creditreform-rating.de.
  • 18.12.2020
    Creditreform Rating has lowered the rating of the public sector covered bonds of Erste Group Bank AG to AA+ from AAA, The outlook is stable.

    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 28.03.2020
    Creditreform Rating has revised its outlook on all valid bank ratings, bank issues and covered bonds to watch negative from stable 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.
  • 30.01.2020
    Creditreform Rating has affirmed the rating of the public sector covered bonds of Erste Group Bank AG at AAA. The outlook is stable.
  • 18.01.2019
    Creditreform Rating assigned a rating of AAA to the public sector covered bonds of Erste Group Bank AG. The outlook is stable.

ISIN Liste

ISIN Action Validity Date Maximum Validity
AT0000A17ZY6 18.01.2019
AT0000A18QR7 18.01.2019 04.07.2019
AT0000A1KCH8 18.01.2019
AT000B009352 18.01.2019 13.06.2019
AT000B009402 18.01.2019
AT000B009410 18.01.2019 25.05.2021