Ratings
Ratings
Ratings Deutsche Bank AG
Moody's Investors Service
| Bank Ratings | Rating | Last rating change | Outlook | |
| Counterparty Risk Assessment | A3 (cr) | May 23, 2016 | Stable (affirmed December 27, 2016) |
|
| Deposits | short-term long-term |
P-2 A3 |
May 23, 2016 May 23, 2016 |
Stable (affirmed December 27, 2016) Stable (affirmed December 27, 2016) |
| Baseline Credit Assessment | ba1 | May 23, 2016 | Stable (affirmed December 27, 2016) |
| Issue Ratings | ||||
| Pfandbrief | Aaa | – | Stable (affirmed December 27, 2016) |
|
| 'Preferred' senior unsecured debt | A3* | November 21, 2016 | Stable (affirmed December 27, 2016) |
|
| 'Non-preferred' senior unsecured debt | short-term long-term |
P-2 Baa2 |
May 23, 2016 May 23, 2016 |
Stable (affirmed December 27, 2016) Stable (affirmed December 27, 2016) |
| Non-deferrable dated suordinated (Tier 2) | Ba2 | May 23, 2016 | Stable (affirmed December 27, 2016) |
|
| Tier 1 | Legacy (Basel 2.5) AT1 (Basel 3) |
B1 B1 |
May 23, 2016 May 23, 2016 |
Stable (affirmed December 27, 2016) Stable (affirmed December 27, 2016) |
* Defined as senior-senior unsecured bank rating at Moody‘s
Latest Reports Moody's
Moody's issuer comment (July 27, 2017)
Moody's quarterly credit opinion (March 23, 2017)
Moody's assigns senior-senior unsecured bank debt ratings (November 21, 2016)
Standard & Poor's
| Bank Ratings | Rating | Last rating change | Outlook | |
| Stand-Alone Credit Profile | bbb | November 24, 2015 | – | |
| Issuer Credit Rating | short-term long-term |
A-2 A- |
June 9, 2015 March 28, 2017 |
– Negative (March 28, 2017) |
| Emissionsratings | ||||
| 'Preferred' senior unsecured debt | A-** | March 28, 2017 | – | |
| 'Non-preferred' senior unsecured debt | short-term long-term |
A-2 BBB- |
June 9, 2015 March 28, 2017 |
– – |
| Non-deferrable dated subordinated (Tier 2) | BB+ | November 24, 2015 | – | |
| Tier 1 | Legacy (Basel 2.5) AT1 (Basel 3) |
B+ B+ |
February 11, 2016 February 11, 2016 |
– – |
** Defined as senior unsecured at S&P
Latest Reports Standard & Poor's
S&P affirms Deutsche Bank's ratings, outlook remains negative (July 14, 2017)
S&P upgraded Deutsche Bank's ICR to A- (March 28, 2017)
Various Rating Actions Taken on Four Systemically Important German Banks (March 28, 2017)
Fitch Ratings
| Bank Ratings | Rating | Last rating change | Outlook | |
| Derivative Counterparty rating | A (dcr) | December 12, 2016 |
– |
|
| Deposits | short-term long-term |
F1 A |
December 12, 2016 December 12, 2016 |
– – |
| Issuer Default Rating | short-term long-term |
F1 A- |
December 8, 2015 December 8, 2015 |
– Negative (March 13, 2017) |
| Viability Rating | a- | December 8, 2015 |
– |
| Issue Ratings | ||||
| 'Preferred' senior unsecured debt | A | June 16, 2017 | – | |
| 'Non-preferred' senior unsecured debt | short-term long-term |
F1 A- |
May 19, 2016 December 8, 2015 |
– – |
| Non-deferrable dated subordinated (Tier 2) | BBB+ | December 8, 2015 | – | |
| Tier 1 | Legacy (Basel 2.5) AT1 (Basel 3) |
BB+ BB |
December 8, 2015 December 8, 2015 |
– – |
Latest Reports Fitch Ratings
Fitch full rating report (August 14, 2017)
Fitch 2Q17 results commentary (July 28, 2017)
Fitch upgrades 31 structured senior notes (June 16, 2017)
Fitch assigns DCR and Deposit Ratings to German banks (December 12, 2016)
DBRS Ratings
| Bank Ratings | Rating | Last rating change | Outlook | |
| Critical Obligations Rating | short-term long-term |
R-1 (middle) A (high) |
September 29, 2015 July 7, 2016 |
Stable (June 6, 2017) Stable (June 6, 2017) |
| Deposits | short-term long-term |
R-1(low) A (low) |
September 29, 2015 July 7, 2016 |
Stable (June 6, 2017) Stable (June 6, 2017) |
| Intrinsic Assessment | A (low) | July 7, 2016 | Stable (June 6, 2017) |
| Issue Ratings | ||||
| Senior unsecured debt | short-term long-term |
R-1 (low) A (low) |
September 29, 2015 July 7, 2016 |
Stable (June 6, 2017) Stable (June 6, 2017) |
Latest Reports DBRS Ratings
DBRS rating report (June 14, 2017)
DBRS revises trend to stable (June 6, 2017)
DBRS: DB's capital increase is a credit positive (March 8, 2017)
A credit rating is an assessment of the solvency or credit-worthiness of debitors and/or bond-issuers according to established credit review procedures. These ratings and associated research help investors analyse the credit risks associated with fixed-income securities by providing detailed information of the ability of issuers to meet their obligations. For the issuers of fixed income securities, credit ratings can provide greater market liquidity for their securities and reduced transaction costs. A rating is being continuously monitored. It enables investors to measure their investment risk.
Disclaimer:
The rating agency reports we have compiled constitute publicly accessible information. We have merely chosen to publish them on our website as an additional service for our shareholders and investors. These reports do not necessarily represent the opinion of Deutsche Bank AG, nor should they be seen as a recommendation to buy Deutsche Bank shares. Deutsche Bank accepts no liability for the completeness, timeliness, accuracy or selection of such information.