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RSS FeedsCommerzbank is rated `Single A Grade` by all four rating agencies more
(WorldNews Germany)

 
 

29 march 2017 14:10:23

 
Commerzbank is rated `Single A Grade` by all four rating agencies more
(WorldNews Germany)
 


Based on yesterday`s announcement published by the rating agency S&P Global, Commerzbank is rated at `Single A` Grade for Deposit and Counterparty Ratings by all mandated rating agencies. Commerzbank`s bond creditors and corporate clients benefit from the decreased probability of default due to strengthened additional capital buffers in case of a bank resolution (consisting of `non-structured` debt, subordinated debt, as well as parts of equity). This includes `preferred` unsecured debt, unsecured derivatives and deposits of corporate and institutional clients. Stephan Engels, Commerzbank CFO: `Commerzbank`s successful way is also increasingly appreciated by rating agencies. We made a...


 
1 viewsCategory: General > Europe > Germany
 
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