|BBB+ (good credit quality)||A2 (upper medium grade)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Erste Group Bank AG is rated by Fitch and Moody's.
Credit ratings assigned to Erste Group Bank AG as of May 2018 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Erste Group Bank AG it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Erste Group Bank AG is set to F2 (good short-term credit quality).
|Long-Term Issuer Default Rating||BBB+|
|Short-Term Issuer Default Rating||F2|
|Support Rating Floor||NF|
Viability rating for Erste Group Bank AG is set to bbb+ (good fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).
Long-term rating for Erste Group Bank AG it is set to A2 (upper medium grade). Long-term bank deposit rating is A2 (upper medium grade). Baseline credit assessment is baa1. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A2|
|Baseline Credit Assessment||baa1|
Outlook for the ratings of Erste Group Bank AG is set to positive (may be raised).