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Moody's
Counterparty Risk Rating / Assessment A1 / A1 (cr)
Deposit Rating (Junior Deposits) A1 stable
Long-term Issuer Credit Rating / Preferred senior unsecured debt (senior) A1 stable
Non-preferred senior unsecured debt (junior senior) Baa2
Stand-alone Rating (Baseline Credit Assessment) baa2
Subordinated debt (Tier 2) Baa3
Short-term debt P-1

Rating Reports  
Credit OpinionMay 26, 2020 PDF, 1.5 MB
Issuer CommentMay 13, 2020 PDF, 1.2 MB
Issuer CommentFebruary 14, 2020 PDF, 1.2 MB
Credit OpinionNovember 27, 2019 PDF, 1.4 MB
Periodic ReviewNovember 12, 2019 PDF, 111 kB
Rating ActionJune 25, 2019 PDF, 114 kB
Press ReleaseMay 27, 2019 PDF, 109 kB

Pfandbriefe
Mortgage Pfandbriefe Aaa
Public Sector Pfandbriefe Aaa

Rating Reports  
Performance Overview: Mortgage Covered BondsDecember 31, 2019 PDF, 1.3 MB
Performance Overview: Public Sector Covered BondsDecember 31, 2019 PDF, 740 kB
Credit Opinion: Mortgage Covered BondsApril 11, 2019 PDF, 1.9 MB
Credit Opinion: Public Sector Covered BondsApril 26, 2019 PDF, 1.7 MB

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