site.btaMoody's Upgrades Postbank's Long-term, Short-term Deposit Rating to Baa2/P-2

Moody's Investors Service has upgraded Postbank’s long-term and short-term deposit rating to Baa2/P-2, the bank said on Monday.

The outlook on the long-term deposit rating remains positive. At the same time, the rating agency raised the long-term Counterparty Risk Ratings (CRR) to Baa1. The updated assessment by Moody's Investors Service, which is among the three largest rating agencies in the world, confirms Postbank's ability to maintain strong financial performance and successfully adapt to dynamic market conditions.

The Moody's Investors Service report highlighted the bank's solid capitalization, strong recurring profitability, and growing deposit base.

Postbank is a member of the international Eurobank group.