Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Commerzbank AG is rated by Fitch and Moody's.
Credit ratings assigned to Commerzbank AG as of June 2020 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 Commerzbank AG it is set to BBB (good credit quality), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for Commerzbank 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 Commerzbank 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 Commerzbank AG it is set to A1 (upper medium grade). Long-term bank deposit rating is A1 (upper medium grade). Baseline credit assessment is baa2. Short-term rating is set to P-1 (superior ability to repay short-term debt obligations).
|Long-Term Bank Deposit Rating||A1|
|Baseline Credit Assessment||baa2|
Outlook for the ratings of Commerzbank AG is set to stable (not likely to change).