A company of LBBW
Ratings
Moody's | Fitch | |||
Rating | Outlook/ Watch | Rating | Outlook/ Watch | |
Hypothekenpfandbriefe | Aaa | Stable | - | - |
Senior Preferred | Aa2 | Stable | AA- | Stable |
Senior Non-Preferred | A2 | Stable | A+ | Stable |
Short Term | P-1 | Stable | F1+ | Stable |
Viability / Adj. BCA | a3 | Stable | bbb+ | Stable |
Latest rating actions
October 2024: FitchRatings has affirmed Berlin Hyp's Long-Term Issuer Default Rating (IDR) at "A+" with a Stable Outlook and the Viability Rating (VR) at "bbb+".
July 2024: Following the latest reform of the institutional protection scheme of the Savings Banks Finance Group, FitchRatings upgraded Berlin Hyp's Long-Term Issuer Default Rating (IDR) to "A+" (previously "A-"). FitchRatings also upgraded the Senior Preferred Rating to "AA-" (previously "A") and the Short-Term IDR from "F1" to "F1+". The outlook is stable.
May 2024: Moody’s confirms Berlin Hyp’s “A2” senior non-preferred ratings.
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 2024, the ratings were on review for upgrade due to changes to the statutes of the Savings Banks Finance Group's institutional protection scheme.
Ratings Moody's
Ratings Fitch
23 August 2018