Credit ratings

Overview of credit ratings

The international credit ratings agencies S&P Global Ratings and Moody's give DB AG high ratings for creditworthiness. 

Their credit ratings represent an independent and up-to-date evaluation of a company’s creditworthiness. Credit ratings agencies’ analyses consider not only quantitative factors, but also qualitative factors such as industry specifics, market position and the company’s portfolio of  products and services.

DB AG’s creditworthiness is evaluated by international credit ratings agencies Moody´s and S&P Global Ratings on an ongoing basis.

The current credit ratings reflect DB AG’s high level of creditworthiness:

DB AG credit ratings

Credit rating 
agency
Long-term
rating
Short-term 
rating
Last 
update
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S&P Global RatingsAA-/stableA-1+Nov. 23, 2023
Moody'sAa1/stableP-1Jul. 11, 2023

Overview of investment grade credit ratings

S&P Global RatingsMoody's 
AAAAaa
AA+Aa11)
AAAa2

AA-1)

Aa3
A+A1
AA2
A-A3
BBB+Baa1
BBBBaa2
BBB-Baa3

1) DB Rating

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