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European rating agency. Objective, transparent, independent.

KBC Group NV/Additional Tier 1

KBC Group NV

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB- 01.10.2021 06.10.2021
BB+ Watch UNW 05.07.2021 06.07.2021
BB+ 25.11.2020 01.12.2020
BB+ Watch NEW 24.03.2020 28.03.2020
BB+ 29.11.2019 04.12.2019
BB+ 15.07.2019 17.07.2019
BB+ Watch UNW 18.06.2019 21.06.2019
BB+ 12.06.2018 20.06.2018

News

  • 06.10.2021
    Creditreform Rating has raised the rating of KBC Group NV to A+ from A. The outlook was raised from negative to stable. In addition, Creditreform Rating has also raised the rating of the Additional Tier 1 capital to BBB- from BB+, the rating of the Tier 2 capital to BBB+ from BBB and the rating of the Non-Preferred Senior Unsecured Debt to A from A-.
  • 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.
  • 01.12.2020
    Creditreform Rating has affirmed the rating of KBC Group N.V. (Group) at A. However, Creditreform Rating has revised the outlook from watch negative to negative. Moreover, Creditreform Rating has also affirmed the rating of Additional Tier 1 Capital at BB+ and the rating of Non-Preferred Senior Unsecured Debt at A-. The rating of Tier 2 Capital was upgraded from BBB- to BBB. 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.
  • 04.12.2019
    Creditreform Rating has affirmed the rating of KBC Group NV at A. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Tier 2 capital at BBB- and the rating of AT1 Capital at BB+. However, Creditreform Rating upgrades the rating of Non-Preferred Senior Unsecured Debt from BBB+ to A-.
  • 17.07.2019
    Creditreform Rating has affirmed the rating of KBC Group NV (Group) at A. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Tier 2 capital at BBB- and the rating of AT1 Capital at BB+. The rating of Non-Preferred Senior Unsecured was set to BBB+. Moreover, Creditreform Rating sets the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) to not rated (n.r.).
  • 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.
  • 20.06.2018
    Creditreform Rating has set the rating of KBC Group NV 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-.

Reports