Rating Information Rating Information


Bank Ratings S&P Global Moody's Fitch
Counterparty Rating1 A- A1 / A1 (cr) BBB+ (dcr)
Deposit Rating2 BBB+ negative A1 stable BBB+
Issuer Credit Rating (long-term debt) BBB+ negative A1 negative BBB negative
Stand-alone Rating bbb baa2 bbb
Short-term debt A-2 P-1 F2
Last update 23.04.2020 25.09.2020 30.03.2020

Issuer Ratings (secured issuances) S&P Global Moody's Fitch
Public Sector Pfandbriefe - Aaa -
Mortgage Pfandbriefe - Aaa -
Last update - 31.12.2017 -

Issuer Ratings (unsecured issuances) S&P Global Moody's Fitch
Preferred senior unsecured debt BBB+ negative A1 negative BBB+
Non-preferred senior unsecured debt BBB- Baa2 BBB negative
Subordinated debt (Tier 2) BB+ Baa3 BB+
Additional-Tier-1 (AT1) BB- Ba2 _
Last update 23.04.2020 25.09.2020 30.03.2020

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

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S&P Global