Commerzbank Finance & Covered Bond SA

News

• 18.09.2023
  CRA upgrades the Long-Term Issuer Rating of the Group's subsidiary Commerzbank
  Finance & Covered Bond SA to A-, reflecting the Long-Term Issuer Rating of Commerzbank AG (Group) in line with our methodology.
• 05.05.2022
  Creditreform Rating has revised its outlook on the rating of Commerzbank Finance & Covered Bond SA to positive from stable and affirmed the rating of Commerzbank Finance & Covered Bond SA at BBB+. For more details regarding the rating, we refer to our rating report on our homepage.
• 30.11.2021
  Creditreform Rating has revised its outlook of Commerzbank Finance & Covered Bond SA from negative to stable and affirmed the rating of Commerzbank Finance & Covered Bond SA at BBB+. For more details regarding the rating, we refer to our rating report on our homepage.
• 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.
• 16.12.2020
  Creditreform Rating has revised its outlook on the Commerzbank Finance & Covered Bond SA (Group) to negative from watch negative and affirmed the rating of Commerzbank Finance & Covered Bond SA (Group) at BBB+.
• 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.
• 06.12.2019
  Creditreform Rating has affirmed the rating of Commerzbank Finance & Covered Bond SA at BBB+. The outlook is stable. In addition, Creditreform Rating has set the rating of Additional Tier 1 Capital to n.r. and the rating of Tier 2 Capital to n.r. The rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) was set to n.r. Moreover, the rating of Non-Preferred Senior Unsecured Debt was set to n.r.
• 31.10.2018
  Creditreform Rating has set the rating of Commerzbank Finance & Covered Bond 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+.