Bank Rating Bank Rating


Bank Ratings S&P Global Moody's Fitch Scope
Counterparty Rating1 A- negative A2 / A2 (cr) A- (dcr) -
Deposit Rating2 A- negative A2 positive A- -
Issuer Credit Rating (long-term debt) A- negative Baa1 stable BBB+ stable A stable
Stand-alone Rating
(financial strength)
bbb+ baa3 bbb+ -
A-2 P-1 F2 S-1

Issuer Ratings (secured issuances) S&P Global Moody's Fitch Scope
Public Sector Pfandbriefe - Aaa - -
Mortgage Pfandbriefe - Aaa - -
Structured Covered Bond - Aa1 AA -

Issuer Ratings (unsecured issuances) S&P Global Moody's Fitch Scope
"Preferred" senior unsecured debt A- negative A2 positive A- A stable
"Non-preferred" senior unsecured debt BBB Baa1 stable BBB+ stable A- stable
Subordinated debt (Tier 2) BBB- Ba1 BBB BBB stable

1 includes client business (i.e. counterparty for derivatives)
2 includes corporate and institutional deposits

The rating agency reports we have compiled constitute publicly accessible information. Their publication on our home page is an additional service for our shareholders and investors and does not mean that Commerzbank supports or agrees with the information, conclusions or recommendations. Commerzbank accepts no liability for the completeness, timeliness, accuracy or selection of such information. They should not be seen as a recommendation to buy Commerzbank shares or bonds.

Rating Information

Further detailed rating agency information and reports:

S&P Global



Scope Ratings