Deutsche Bank Issuer Credit Ratings Raised To 'A/A-1' On Strengthening Performance And Resilience; Outlook Stable

Deutsche Bank continues to narrow the gap with peers by growing its franchise, strengthening its earnings, and maintaining solid capital and liquidity profiles. We therefore raised our long- and short-term issuer credit ratings on Deutsche Bank AG to 'A/A-1' from 'A-/A-2', and our long-term resolution counterparty rating to 'A+' from 'A'. Additionally, we raised the long-term issue ratings on senior preferred, senior nonpreferred, Tier 2, and additional Tier 1 debt by one notch. The stable outlook reflects our expectation that the bank will maintain its disciplined strategic execution and improve its performance toward its 2025 targets. LONDON (S&P Global Ratings) Dec. 8, 2023--S&P Global Ratings today raised its long- and short-term issuer credit ratings on Deutsche Bank AG to 'A/A-1'

...December 8, 2023 - Deutsche Bank continues to narrow the gap with peers by growing its franchise, strengthening its earnings, and maintaining solid capital and liquidity profiles. - We therefore raised our long- and short-term issuer credit ratings on Deutsche Bank AG to 'A/A-1' from 'A-/A-2', and our long-term resolution counterparty rating to 'A+' from 'A'. - Additionally, we raised the long-term issue ratings on senior preferred, senior nonpreferred, Tier 2, and additional Tier 1 debt by one notch. - The stable outlook reflects our expectation that the bank will maintain its disciplined strategic execution and improve its performance toward its 2025 targets. LONDON (S&P Global Ratings) Dec. 8, 2023--S&P Global Ratings today raised its long- and short-term issuer credit ratings on Deutsche Bank AG to 'A/A-1' from 'A-/A-2', as well as the ratings on its branches, and its core European and U.S. subsidiaries. The outlook is stable. At the same time, we raised our long-term resolution counterparty...

Ratings Action