Deutsche Bank AG

Credit Ratings (as of May 2018)

Fitch Moody's
BBB+ (good credit quality) A3 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Deutsche Bank AG is rated by Fitch and Moody's.

Credit ratings assigned to Deutsche Bank AG as of May 2018 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 Deutsche 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 Deutsche Bank AG is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb+
Support Rating  5
Support Rating Floor  NF

Viability rating for Deutsche 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).

Moody's

Long-term rating for Deutsche Bank AG it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Baseline credit assessment is ba1. Short-term rating is not assigned.

Long-Term Rating  A3
Long-Term Bank Deposit Rating  A3
Baseline Credit Assessment  ba1
Short-Term Rating  -
Outlook  negative

Outlook for the ratings of Deutsche Bank AG is set to negative (may be lowered).