Rating
| MOODY’S* | FITCH** | Morningstar DBRS*** | |||
|---|---|---|---|---|---|
| Long term **** | ‘Ba3’ | Long term | 'BB' | Long term | 'BB (high)' |
| Outlook | "Positive" | Outlook | “Stable” | Outlook | “Positive" |
| Short Term | '(P)NP' | Short Term | 'B' | Short Term | 'R-3' |
| Outlook | Outlook | Outlook | “Positive” | ||
| Latest update: 21/11/2023 | Latest update: 10/11/2023 |
Latest update: 15/04/2024 |
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* Moody’s (21 November 2023): the rating agency has upgraded the Bank’s ratings by 1 notch, raising the standalone Baseline Credit Assessment (“BCA”) to “ba3” from “b1”, the long-term deposit rating to “Ba1” from “Ba2” and the long-term senior unsecured debt rating to “Ba3” from “B1”.
** Fitch (10 November 2023): the rating agency has improved the Bank’s ratings by 2 notch, upgrading the Long-Term Issuer Default Rating (“IDR”) to “BB” from “B+”, and the Viability Rating (“VR”) to “bb” from “b+”.
*** Morningstar DBRS Ratings GmbH (15 April 2024): Morningstar DBRS has upgraded the Bank's ratings by two notches, leading the standalone Intrinsic Assessment rating, the Long-Term Issuer rating and the Long-Term Senior Debt rating to “BB (high)” from “BB (low)”, and the Long-Term Deposit rating to “BBB (low)” from “BB”. The subordinated debt rating has been upgraded by 3 notches to “BB (low)” from “B (low)”.
**** Long-Term Senior Unsecured Debt Rating