{"id":37763,"date":"2024-07-19T08:38:36","date_gmt":"2024-07-19T06:38:36","guid":{"rendered":"https:\/\/saarlb.de\/fitch-ratings-upgrades-rating\/"},"modified":"2024-07-19T08:44:11","modified_gmt":"2024-07-19T06:44:11","slug":"fitch-ratings-upgrades-rating","status":"publish","type":"post","link":"https:\/\/saarlb.de\/en\/fitch-ratings-upgrades-rating\/","title":{"rendered":"Fitch Ratings upgrades rating"},"content":{"rendered":"\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p>The renowned <b><strong>rating agency \u2018Fitch Ratings\u2019<\/strong><\/b> has once again reviewed and assessed the creditworthiness of our bank and has come to a <b><strong>positive conclusion<\/strong><\/b>:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>The <b><strong>\u2018Long Term Issuer Default Rating\u2019<\/strong><\/b> (LT IDR) was <b><strong>raised by two notches<\/strong><\/b> from A- <b><strong>to A+<\/strong><\/b>. The background to the rating upgrade is a reassessment of the guarantee system of the Sparkassen Finanzgruppe (similar to the last rating upgrade by Moody&#8217;s in Q1\/2024).<\/li>\n\n\n\n<li>The <b><strong>stand-alone rating<\/strong><\/b> is unchanged at <b><strong>bbb-<\/strong><\/b>.<\/li>\n<\/ul>\n\n<div style=\"height:41px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<p>Further information can be found in the <b><strong>rating report<\/strong><\/b>, which has already been published on the \u2018Fitch Ratings\u2019 website: <a href=\"&#x2018;https:\/\/www.fitchratings.com\/research\/structured-finance\/covered-bonds\/fitch-upgrades-saarlb-idr-to-a-stable-affirms-viability-rating-at-bbb-08-07-2024&#x2019;\">https:\/\/www.fitchratings.com\/research\/structured-finance\/covered-bonds\/fitch-upgrades-saarlb-idr-to-a-stable-affirms-viability-rating-at-bbb-08-07-2024<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The renowned rating agency \u2018Fitch Ratings\u2019 has once again reviewed and assessed the creditworthiness of our bank and has come to a positive conclusion: Further information can be found in the rating report, which has already been published on the \u2018Fitch Ratings\u2019 website: https:\/\/www.fitchratings.com\/research\/structured-finance\/covered-bonds\/fitch-upgrades-saarlb-idr-to-a-stable-affirms-viability-rating-at-bbb-08-07-2024<\/p>\n","protected":false},"author":2,"featured_media":3677,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[63,60],"tags":[],"class_list":["post-37763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage","category-press-release"],"acf":[],"_links":{"self":[{"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/posts\/37763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/comments?post=37763"}],"version-history":[{"count":0,"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/posts\/37763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/media\/3677"}],"wp:attachment":[{"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/media?parent=37763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/categories?post=37763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saarlb.de\/en\/wp-json\/wp\/v2\/tags?post=37763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}