Rating Information Rating Information


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

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

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

1 includes parts of 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