apoBank’s creditworthiness, i.e. its ability and willingness to meet all financial obligations fully and in a timely manner, is assessed by the rating agency Standard & Poor’s.

In addition, the creditworthiness of the entire cooperative FinanzGruppe is assessed by Standard & Poor’s and by Fitch. As apoBank belongs to the cooperative FinanzGruppe and is a member in the cooperative protection scheme, these ratings also indirectly apply to apoBank.

  Standard & Poor's
Counterparty Credit Rating AA-/stable/A-1+
Senior Secured AAA
Senior Unsecured AA-/stabil
Senior Subordinated A+/stabil
Short Term Debt A-1+
Subordinated A
  Fitch Ratings (FinanzGruppe)
Long-term rating AA-
Short-term rating F1+
Outlook stable

Date: February 2019