European rating agency. Objective, transparent, independent.
European rating agency. Objective, transparent, independent.

Allgemeine Sparkasse Oberösterreich/Hypothekenpfandbriefe

Allgemeine Sparkasse Oberösterreich Bankaktiengesellschaft

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
AA+ Outlook STA 07.07.2020 17.07.2020 06.07.2021
AAA Watch NEW 24.03.2020 28.03.2020 14.08.2020
AAA Outlook STA 11.07.2019 23.07.2019 10.07.2020

News

  • 17.07.2020
    Creditreform Rating has lowered the rating of the Hypothekarische Pfandbriefe of Allgemeine Sparkasse Oberösterreich Bankaktiengesellschaft to AA+ from AAA. The outlook is stable. The main drivers of the rating result are the bank issuer rating, the analysis of the regulatory framework (segregation of cover assets, priority of creditors' claims, etc.) and our analysis of the covered pool including stressed factors.

    Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
  • 28.03.2020
    Creditreform Rating has revised its outlook on all valid bank ratings, bank issues and covered bonds to watch negative from stable due to the currently not assessable impact of the Corona Crisis. Not affected by this rating action are government related banks. We refer to the free available Monitoring Report for a more detailed explanation.
  • 23.07.2019
    Creditreform Rating has set the rating of the Hypothekarische Pfandbriefe of Allgemeine Sparkasse Oberösterreich Bankaktiengesellschaft at AAA. The outlook is stable. The main drivers of the rating result are the bank issuer rating, the analysis of the regulatory framework (segregation of cover assets, priority of creditors' claims, etc.) and our analysis of the covered pool including stressed factors.