Fitch affirms AA- rating with Stable outlook
14 november 2018
On 13 November 2018 Fitch Ratings has affirmed Rabobank's Long-Term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook, the Viability Rating (VR) at 'a+' and Short-Term IDR at 'F1+'. The rating actions are part of a portfolio review of major Dutch banking groups rated by Fitch.
Rabobank's Long-Term IDR and senior debt ratings are one notch above its Viability Rating. According to Fitch 'the one-notch uplift reflects the bank's significant qualifying junior debt buffer, which could be made available to protect senior obligations from default in case of failure.'.
Published: 14 November 2018, 9:30 CET
Elements of this press release are considered by Rabobank as inside information relating directly or indirectly to Rabobank within the meaning of article 7 of the Market Abuse Regulation (EU Regulation 596/2014) that is made public in accordance with article 17 Market Abuse Regulation.