A company of LBBW
Ratings
Moody's | Fitch | |||
Rating | Outlook/ Watch | Rating | Outlook/ Watch | |
Hypothekenpfandbriefe | Aaa | Stable | - | - |
Senior Preferred | Aa2 | Stable | A | Stable |
Senior Non-Preferred | A2 | Positive | A- | Stable |
Short Term | P-1 | Stable | F1 | Stable |
Viability / Adj. BCA | a3 | Stable | bbb+ | Stable |
Latest rating actions
March 2024: Moody’s upgraded Berlin Hyp’s long term deposit, issuer and senior unsecured ratings from “Aa3” to “Aa2” with a stable outlook. Moody’s also upgraded the Bank’s Adjusted BCA from “baa1” to “a3” with a stable outlook. Previously, in February 2023, the ratings were on review for upgrade due to changes to the statutes of the Savings Banks Finance Group's institutional protection scheme.
October 2023: FitchRatings affirmed Berlin Hyp’s Long-Term Issuer Default Rating (IDR) at “A-” with a Stable Outlook and its Viability Rating (VR) at “bbb+”.