Financial Ratings

The international rating agency Moody's has issued the following credit assessment of Hamburg Commercial Bank:

Financial Ratings Moody's
Counterparty Rating A3
Deposit Rating A3
Issuer Credit Rating (long-term) A3
Short-term Debt P-2
Stand-alone Rating (financial strengh) baa3
Instrument Ratings
(secured issuances)
Mortgage Covered Bonds Aaa
Ship Covered Bonds Aa3
Instrument Ratings
(unsecured issuances)
"Preferred" Senior Unsecured Debt A3
"Non-Preferred" Senior Unsecured Debt
Subordinated Debt (Tier 2) Ba1


negative outlook

under review for possible downgrade


under review for possible upgrade

positive outlook

Disclaimer in connection with the publication of rating information

The rating classifications and rating reports published here are publicly accessible information. The presentation on this website only serves as a service to our investors. The information does not necessarily represent the opinion of Hamburg Commercial Bank AG. The information provided is not a a recommendation to buy, sell or hold securities. Hamburg Commercial Bank AG assumes no liability for the completeness, timeliness, accuracy and selection of such information.

For the evaluation and usage of the rating information (including the rating reports), please refer to the respective rating agencies’ pertinent criteria and explanations and consider the respective rating agencies’ terms of use, copyrights and limitations of liability.

Recent publications about Hamburg Commercial Bank

Moody's S & P
Detailed rating reports Credit Opinion:
Ratings Report:
Last press releases Press Release:
Press Release:

Further publications

Sustainability Ratings

Agency Latest rating as at Rating / Score
Sustainalytics 12/2022 Risk Score 13
ISS 07/2022 C-, (2nd decile)
MSCI 04/2024 A
Moody`s Analytics 05/2023 56/100