CREDIT RATINGS DB AG
S&P Global Ratings
The creditworthiness of DB Group is constantly monitored and assessed by the rating agencies S&P Global Ratings (S&P) and Moody’s. In the first half of 2022, S&P did not make any changes to the ratings of DB AG. Moody’s confirmed the ratings given to DB AG and raised the outlook from “negative” back to “stable,” due in part to the expectation that the recovery from the consequences of the Covid-19 pandemic will continue.