Rating
MOODY’S* | FITCH** | DBRS*** | |||
---|---|---|---|---|---|
Long term **** | ‘Ba3’ | Long term | 'BB' | Long term | 'BB (low)' |
Outlook | "Positive" | Outlook | “Stable” | Outlook | “Stable" |
Short Term | '(P)NP' | Short Term | 'B' | Short Term | 'R-4' |
Outlook | Outlook | Outlook | “Stable” | ||
Latest update: 21/11/2023 | Latest update: 10/11/2023 |
Latest update: 17/05/2023 |
* Moody’s (21 November 2023): the rating agency has upgraded the Bank’s ratings by 1 notch, raising the standalone Baseline Credit Assessment (“BCA”) to “ba3” from “b1”, the long-term deposit rating to “Ba1” from “Ba2” and the long-term senior unsecured debt rating to “Ba3” from “B1”.
** Fitch (10 November 2023): the rating agency has improved the Bank’s ratings by 2 notch, upgrading the Long-Term Issuer Default Rating (“IDR”) to “BB” from “B+”, and the Viability Rating (“VR”) to “bb” from “b+”.
*** DBRS Ratings GmbH (17 May 2023): the rating agency has upgraded the Bank’s ratings by one notch, upgrading the Intrinsic Assessment (“IA”) and the long-term senior unsecured debt to “BB (low)” from “B (high)”, and the long-term deposit rating to “BB” from “BB (low)”. The subordinated debt rating has been upgraded by two notches to “B (low)” from “CCC”.
**** Long-Term Senior Unsecured Debt Rating