Ratings

Ratings

Addiko Bank AG is rated by Fitch Ratings (download the latest Rating Report)

Rating Actions & Period Review Announcements:

18 December 2023:  Fitch Ratings updates Rating Report after review (pdf)

30 August 2023:  Fitch Ratings publishes Rating Report (pdf)

7 August 2023:  Fitch Ratings has assigned Addiko Bank AG a first time Long-Term Issuer Default Rating (IDR) of ‘BB’ and Viability Rating (VR) of ‘bb’. The Outlook on the Long-Term IDR is stable (pdf)

24 July 2023:  Addiko terminates credit rating with Moody’s (pdf)

30 August 2022:  Moody’s updates credit opinion following rating action, outlook changed to positive

17 August 2022:  Rating Action – Moody’s affirms Addiko Bank AG’s Ba3 deposit ratings, outlook changed to positive (pdf)

22 July 2021:  Moody’s updates credit opinion following rating action and publication of new Banks Methodology

13 July 2021:  Rating Action – Moody’s upgrades Addiko Bank AG’s long-term Counterparty Risk Assessment (CR Assessment) to Ba1(cr) from Ba2(cr) and its long-term Counterparty Risk Ratings (CRR) to Ba2 from Ba3 following an update of their methodology (pdf)

11 May 2021:  Moody’s updates credit opinion; ratings of Addiko Bank AG remain unchanged (outlook stable)

16 February 2021:  Moody’s ratings of Addiko Bank AG remain unchanged (outlook stable) 

4 December 2020:  Moody’s ratings of Addiko Bank AG remain unchanged (outlook stable) 

26 June 2020:  Moody’s ratings of Addiko Bank AG remain unchanged (outlook stable) 

6 December 2019:  Rating Action – Moody’s confirms Addiko Bank AG’s ratings (outlook stable) concluding the rating review for Addiko opened on 11 October 2019 and reflecting the bank’s announcement on 19 November 2019 to postpone a planned issuance of subordinated debt (pdf)

11 October 2019:  Rating Action – Moody’s places Addiko Bank AG’s deposit ratings on review for upgrade and assigns first time Ba3 rating to Subordinated Tier 2 Notes, on review for upgrade (pdf)

12 April 2019:  Moody’s assigns first-time ba2 Baseline Credit Assessment to Addiko Bank AG; deposit rating at Ba3; outlook stable (pdf)

Fitch Ratings

CategoryRating
Long-Term Issuer Default Rating (LT IDR)

BB

Outlook

stable

Short-Term Issuer Default Rating (ST IDR)

B

Viability Rating (VR)

bb

Status: 19 December 2023

The rating reflects the view of the rating agency at the time it gave Addiko Bank AG the rating. The rating agencies can change their ratings at any time if they believe the circumstances have changed. A rating is not a recommendation to buy, sell or hold securities of Addiko Bank AG.