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European rating agency. Objective, transparent, independent.

Landesbank Baden-Württemberg LBBW (Konzern)

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
A- Watch NEW 24.03.2020 28.03.2020
A- Outlook STA 17.09.2019 01.10.2019
A- Outlook STA 27.06.2018 06.09.2018
A- Outlook STA 23.02.2017 03.03.2017

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.
  • 01.10.2019
    Creditreform Rating has affirmed the rating of Landesbank Baden-Württemberg (Group) at A-. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Tier 2 capital at BB+ and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) at A-. Moreover, the rating of Non-Preferred Senior Unsecured debt was set to BBB+.
  • 06.09.2018
    Creditreform Rating has set the rating of Landesbank Baden-Württemberg to A-, with stable outlook. Creditreform Rating has also determined the ratings of the debt classes as follows. The rating of Tier 2 was set to BB+ and the rating of the Senior Unsecured to A-.
  • 03.03.2017
    Creditreform Rating has set the bank rating of Landesbank Baden-Württemberg LBBW to A-. The outlook is stable. The rating is based on the above average capitalization and the low-risk assets. The Landesbank Baden-Württemberg LBBW is Germany´s biggest regional state bank as measured by the balance sheet total and is strongly supported by the federal state Baden-Württemberg and the association of savings banks. On the other hand, the low interest margin which is due to the low-interest-environment and the strong dependence on the credit and interest business has an adverse effect on the rating.