Credit rating archive

Historic press releases and credit research published by the rating agencies on the bank and its legal predecessors is available here. For more information on the ratings and methodology click on the name of the rating agency to visit their website.

S&P

For more information, visit the S&P website.

Date Rating Publication
3 December 2015 A/Stab/A-1 Credit research​ (PDF 353 KB)
3 December 2015 A/Stab/A-1 Press release​ (PDF 266 KB)
26 November 2014 A/Neg/A-1 Press release​ (PDF 377 KB)
4 November 2014 A/Neg/A-1 Press release​ (PDF 265 KB)
30 April 2014 A/Neg/A-1 Press release​ (PDF 278 KB)
4 November 2013 A/Stab/A-1 Credit research​ (PDF 420 KB)
21 December 2012 A/Stab/A-1 Credit research​ (PDF 492 KB)
19 november 2012 A/Stab/A-1 Press release​ (PDF 274 KB)
16 November 2012 A/Stab/A-1 Press release​ (PDF 254 KB)
31 August 2012 A+/Neg/A-1 Credit research​ (PDF 428 KB)
23 January 2012 A+/Neg/A-1 Press release​ (PDF 386 KB)
8 December 2011 A+/CWN/A-1 Press release​ (PDF 429 KB)
5 September 2011 A/Stab/A-1 Press release​ (PDF 423 KB)
29 July 2011 A/Stab/A-1 Credit research​ (PDF 471 KB)
10 June 2011 A/Stab/A-1 Press release​ (PDF 426 KB)
29 April 2011 A/Stab/A-1 Credit research​ (PDF 386 KB)
28 Oct 2010 A/Stab/A-1 Press release​ (PDF 421 KB)
25 June 2010 A/Stab/A-1 Press release​ (PDF 427 KB)

Moody's

For more information, visit the Moody's website.

Date Rating Publication
1 June 2016 A1/Stab/P-1 Credit Research​ (PDF 1 MB)
19 August 2016 A1/Stab/P-1 Press Release​ (PDF 1 MB)
20 May 2016 A1/Stab/P-1 Press release​ (PDF 118 KB)
18 February 2016 A2/Stab/P-1 Press release​ (PDF 1 MB)
17 July 2015 A1/Stab/P-1 Credit research​ (PDF 146 KB)
28 May 2015 A2/Stab/P-1 Press release​ (PDF 136 KB)
24 March 2015 A2/Stab/P-1 Credit research​ (PDF 146 KB)
17 March 2015 A2/Stab/P-1 Press release​ (PDF 132 KB)
3 October 2014 A2/Neg/P-1 Credit research​ (PDF 155 KB)
3 March 2014 A2/Neg/P-1 Credit research​ (PDF 153 KB)
21 January 2014 A2/Neg/P-1 Credit research​ (PDF 153 KB)
9 December 2013 A2/Neg/P-1 Credit research​ (PDF 150 KB)
13 September 2013 A2/Neg/P-1 Credit research​ (PDF 935 KB)
31 July 2013 A2/Neg/P-1 Credit research​ (PDF 148 KB)
18 June 2013 A2/Neg/P-1 Credit research​ (PDF 148 KB)
04 September 2012 A2/Stab/P-1 Credit research​ (PDF 95 KB)
31 July 2012 A2/Stab/P-1 Credit research​ (PDF 93 KB)
15 June 2012 A2/Stab/P-1 Credit research​ (PDF 938 KB)
17 February 2012 Aa3/Under Review/P-1 Credit research​ (PDF 120 KB)
23 December 2011 Aa3/Stab/P-1 Credit research​ (PDF 110 KB)
15 November 2010 Aa3/Stable/P-1 Credit research​ (PDF 96 KB)
28 June 2010 Aa3/Stab/P-1 Credit research​ (PDF 57 KB)

Fitch

For more information, visit the Fitch website.

Date Rating Publication
23 October 2015 A/Stab/F1 Credit research​ (PDF 255 KB)
19 May 2015 A/Stab/F1 Press Release​ (PDF 54 KB)
30 September 2014 A+/Neg/F1+ Credit research​ (PDF 308 KB)
24 July 2014 A+/Neg/F1+ Press Release​ (PDF 44 KB)
31 October 2013 A+/Neg/F1+ Press Release​ (PDF 49 KB)
24 April 2013 A+/Neg/F1+ Credit research​ (PDF 184 KB)
06 February 2013 A+/Neg/F1+ Press Release​ (PDF 39 KB)
04 July 2012 A+/Stab/F1+ Credit research​ (PDF 282 KB)
26 June 2012 A+/Stab/F1+ Press Release​ (PDF 41 KB)
29 June 2011 A+/Stab/F1+ Press Release​ (PDF 42 KB)
06 July 2010 A+/Stab/F1+ Credit research​ (PDF 450 KB)
23 June 2010 A+/Stab/F1+ Press Release​ (PDF 15 KB)

DBRS (unsolicited)

For more information, visit the DBRS website.

Date Rating Publication
16 September 2016 A(high)/Stab/R-1(middle) Press Release​ (PDF 48 KB)
23 August 2016 A/Pos/R-1(low) Press release​ (PDF 773 KB)
19 February 2016 A/Pos/R-1(low) Press release​ (PDF 339 KB)
11 November 2015 A/Pos/R-1(low) Press release​ (PDF 39 KB)
9 October 2015 A/Pos/R-1(low) Credit Research​ (PDF 679 KB)
29 September 2015 A/Pos/R-1(low) Press release​ (PDF 40 KB)
25 August 2015 A(high)/URN/R-1(middle) Press release​ (PDF 39 KB)
20 May 2015 A(high)/URN/R-1(middle) Press release​ (PDF 133 KB)
14 May 2015 A(high)/Stab/R-1(middle) Press release​ (PDF 42 KB)
18 November 2014 A(high)/Stab/R-1(middle) Press release​ (PDF 42 KB)
23 October 2014 A(high)/Stab/R-1(middle) Credit research​ (PDF 620 KB)
17 October 2014 A(high)/Stab/R-1(middle) Press release​ (PDF 54 KB)
25 August 2014 A(high)/Stab/R-1(middle) Press release​ (PDF 42 KB)
19 May 2014 A(high)/Stab/R-1(middle) Press release​ (PDF 42 KB)
24 February 2014 A(high)/Stab/R-1(middle) Press release​ (PDF 45 KB)
13 December 2013 A(high)/Stab/R-1 (middle) Credit research​ (PDF 149 KB)
14 March 2013 A(high)/Stab/R-1 (middle) Credit research​ (PDF 43 KB)
20 November 2012 A(high)/Stab/R-1 (middle) Press release​ (PDF 44 KB)
27 August 2012 A(high)/Stab/R-1 (middle) Press release​ (PDF 48 KB)
20 June 2012 A(high)/Stab/R-1 (middle) Credit research​ (PDF 166 KB)
14 June 2012 A(high)/Stab/R-1 (middle) Press release​ (PDF 54 KB)
22 May 2012 A(high)/Stab/R-1 (middle) Press release​ (PDF 45 KB)
12 March 2012 A(high)/Stab/R-1 (middle) Press release​ (PDF 46 KB)
23 November 2011 A(high)/Stable/R-1 (middle) Press release​ (PDF 45 KB)
31 August 2011 A(high)/Stable/R-1 (middle) Press release​ (PDF 48 KB)
07 March 2011 A high)/Stable/R-1 (middle) Press release​ (PDF 48 KB)
06 January 2011 A(high)/Stable/R-1 (middle) Credit research​ (PDF 128 KB)