Moody’s Investors Service announced on Monday, put under surveillance for possible downgrade the Baa1 rating for senior unsecured debt of Deutsche Bank.
The rating agency believes that the German bank is exposed to risks of increasing performance on its measures for stabilization and strengthening of profitability in the next three years.
the bank said this month that the instability of the financial markets created a difficult situation for the banking sector in the first quarter, usually a good period for it.
Moody’s, however, that “the overall profiles of liquidity and solvency support the quality of the signature and ensure the bank time and the flexibility to adapt its plans if conditions dictate.”
Moreover, says the agency, “the latest objectives of the new strategic plan are positive from the point of view of the credit score.”
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