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European rating agency. Objective, transparent, independent.

Société Générale SCF SA/Additional Tier 1

Société Générale SCF SA

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BB- Watch NEW 24.03.2020 28.03.2020
BB- 16.08.2019 26.08.2019
BB- Watch UNW 18.06.2019 21.06.2019
BB- 31.08.2018 28.09.2018

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.
  • 26.08.2019
    Creditreform Rating has affirmed the rating of Société Générale SCF SA with BBB+. The outlook is stable. In addition, Creditreform Rating affirmed the rating of Additional Tier 1 with BB- and the rating of Tier 2 with BB. The rating of the preferred senior unsecured debt class was also affirmed at BBB+ (after reclassification from senior unsecured debt). The rating of the non-preferred senior unsecured debt was set to 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.
  • 28.09.2018
    Creditreform Rating has set the rating of Société Générale SCF SA 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 BB-, the rating of Tier 2 to BB and the rating of the Senior Unsecured to BBB+.