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.