Commerzbank AG

Credit Ratings (as of Jun 2020)

Fitch
BBB (good credit quality)
Moody's
A1 (upper medium grade)

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.

Fitch

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
    Outlook  negative
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb
Support Rating  5
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).

Moody's

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 Rating  A1
Long-Term Bank Deposit Rating  A1
Baseline Credit Assessment  baa2
Short-Term Rating  P-1
Outlook  stable

Outlook for the ratings of Commerzbank AG is set to stable (not likely to change).