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Credit ratings

CREDIT RATINGS DB AG

First
issued

Last
published

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

Jul 7,
2022

P–1

Aa1

stable

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.

Additional information on the subject of ratings and the rating agencies’ full analyses of DB AG are available on our Investor Relations Web site.

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