Credit ratings

The creditworthiness of DB Group is constantly monitored and assessed by the rating agencies S&P Global Ratings (S&P) and Moody’s. Credit ratings are an independent and up-­­to-date judgment on the creditworthiness of a company. Due to the ownership structure of DB AG, the approaches of the rating agencies take into account not only the quantitative and qualitative analysis of DB Group, but also an assessment of the relationship with our owner, the Federal Government, and the potential support possibilities for DB AG by the Federal Government. This means that the ratings of the Federal Government are also important for the ratings of DB AG.

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Ratings DB AGFirst
issued
Last
publi-
cation
Ratings
Short-
term
Long-
term
Outlook

 

S&P Global Ratings

May 16,
2000

Jun 11,

2020

A–1+

AA–

negative

Moody’s

May 16,
2000
Jun 5,
2020

P–1

Aa1

negative

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