Created by Anna Mileiko VR-Bank Erding eG has received a rating from Fitch, a major credit rating agency. This rating assesses the institution's financial stability and creditworthiness.
| Rating Category / Outlook | Value |
|---|---|
| Long-Term Issuer Default Rating | AA- (very high credit quality) |
| Outlook | negative |
| On Watch | No |
| Short-Term Issuer Default Rating | F1+ (highest short-term credit quality) |
| Viability Rating | - |
| Support Rating | - |
| Support Rating Floor | - |
The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness. The negative on watch outlook signals that Fitch is closely observing the bank, with a potential downgrade likely under specific circumstances.
