Rating
MOODY’S* | FITCH** | Morningstar DBRS*** | |||
---|---|---|---|---|---|
Long term **** | ‘Ba1’ | Long term | 'BB+' | Long term | 'BBB (low)' |
Outlook***** | "Positive" | Outlook | “Positive” | Outlook | “Positive" |
Short Term | '(P)NP' | Short Term | 'B' | Short Term | 'R-2 (middle)' |
Outlook | Outlook | Outlook | “Positive” | ||
Latest update: 5/27/2025 | Latest update: 10/25/2024 |
Latest update: 4/3/2025 |
* Moody’s (27 May 2025): the agency has improved the Bank’s ratings leading the long-term rating on senior unsecured debt to “Ba1” (from “Ba2”) and the long-term deposit rating to “Baa2” (from “Baa3”). The Baseline Credit Assessment (“BCA”) has also been improved to “ba1” (from “ba2”). The outlook remains positive.
** Fitch (25 October 2024): the rating agency has upgraded the Bank’s ratings by 1 notch, raising the Long-Term Issuer Default Rating to “BB+” from “BB”, and the Viability Rating to “bb+” from “bb”. The outlook has been improved to positive.
*** DBRS Ratings GmbH (3 April 2025): the rating agency has upgraded to investment grade level at “BBB (low)” the Long-Term Issuer rating, the Long-Term Senior Debt rating and the standalone Intrinsic Assessment rating, and, at the same time, has upgraded the Long-Term Deposit rating to “BBB”. The outlook was confirmed in positive.
**** Long-Term Senior Unsecured Debt Rating
***** Outlook on the long-term deposit and senior unsecured debt ratings