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European rating agency. Objective, transparent, independent.

Intesa Sanpaolo Bank Luxembourg S.A./Additional Tier 1

Intesa Sanpaolo Bank Luxembourg S.A.

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
n.r. 09.11.2021 15.11.2021 15.11.2021
B Watch UNW 05.07.2021 06.07.2021
B 15.09.2020 21.09.2020
B+ Watch NEW 24.03.2020 28.03.2020
B+ 02.07.2019 04.07.2019
B+ Watch UNW 18.06.2019 21.06.2019
B+ 31.08.2018 05.09.2018

News

  • 15.11.2021
    Creditreform Rating has affirmed the rating of Intesa Sanpaolo Bank Luxembourg S.A. at BBB-. The outlook is stable. Moreover, Creditreform Rating has also affirmed the rating of the Preferred Senior Unsecured Debt at BBB- and the rating of Tier 2 Capital at B+. However, Creditreform Rating has withdrawn the rating of the bank´s Non-Preferred Senior Unsecured Debt as well as the rating of Additional Tier 1 Capital. 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.
  • 21.09.2020
    Creditreform Rating has lowered the rating of Intesa Sanpaolo Bank Luxembourg S.A. from BBB to BBB-. The outlook is stable. In addition, Creditreform Rating has lowered the rating of Additional Tier 1 Capital from B+ to B, the rating of Tier 2 Capital from BB- to B+, the rating of Preferred Senior Unsecured Debt from BBB to BBB-. The rating of Non-Preferred Senior Unsecured Debt was set to BB+. 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.
  • 04.07.2019
    Creditreform Rating has affirmed the rating of Intesa Sanpaolo Bank Luxembourg S.A. at BBB. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 at B+, the rating of Tier 2 at BB- and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) at BBB.
  • 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.
  • 05.09.2018
    Creditreform Rating has set the rating of Intesa Sanpaolo Bank Luxembourg S.A. to BBB, 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 B+, the rating of Tier 2 to BB- and the rating of the Senior Unsecured to BBB.