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European rating agency. Objective, transparent, independent.

Tier 2

Banco de Sabadell S.A.

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BB 28.06.2024 04.07.2024
BB 29.08.2023 06.09.2023
BB- 15.12.2022 21.12.2022
B+ 13.10.2021 18.10.2021
B+ Watch UNW 05.07.2021 06.07.2021
B+ 01.10.2020 07.10.2020
BB- Watch NEW 24.03.2020 28.03.2020
BB- 08.07.2019 10.07.2019
BB- Watch UNW 18.06.2019 21.06.2019
BB- 29.05.2018 12.06.2018

News

  • 04.07.2024
    Creditreform Rating (CRA) affirms Banco de Sabadell's Long-Term Issuer Rating at BBB+. The rating outlook is positive.
    CRA affirms Banco de Sabadell's Preferred Senior Unsecured Debt at BBB+, Non-Preferred Senior Unsecured Debt at BBB, Tier 2 Capital at BB and AT1 Capital at BB-.
  • 06.09.2023
    Creditreform Rating (CRA) upgrades Banco de Sabadell's Long-Term Issuer Rating to BBB+. The rating outlook is stable.
    CRA upgrades Banco de Sabadell's Preferred Senior Unsecured Debt to BBB+, Non-Preferred Senior Unsecured Debt to BBB, Tier 2 Capital to BB and AT1 Capital to BB-.
  • 21.12.2022
    Creditreform Rating has raised the rating on Banco de Sabadell S.A. (Group) to 'BBB' from 'BBB'.The outlook was set to 'stable' from 'positive'. Creditreform Rating has also raised the rating of 'Non-Preferred Senior Unsecured' to 'BB+' from 'BB' and the rating of 'Preferred-Senior Unsecured' debt to 'BBB-' from 'BB+'. Additionally, Creditreform Rating has upgraded the rating of Additional 'Tier 1' to 'B+' from 'B' and the rating of 'Tier 2' to 'BB-' from 'B+'. For further information, please refer to our Rating Update on our website
  • 18.10.2021
    Creditreform Rating has revised its outlook of the Rating of Banco de Sabadell S.A. (Group) to positive from stable and affirmed the rating of Banco de Sabadell S.A. (Group) at BBB-. In addition, Creditreform Rating affirmed the rating of Additional Tier 1 capital at B, the rating of Tier 2 capital at B+, the rating of Non-Preferred Senior Unsecured Debt at BB and rating of Preferred Senior Unsecured debt at BB+. For more details regarding the rating, we refer to our rating report on our homepage.
  • 06.07.2021
    Creditreform Rating AG has revised its rating methodology for the rating of banks (Bank Ratings). Henceforth, only the revised version of the rating methodology ("Version 3.0") will be applied with the end of the consultation process. In addition, Creditreform Rating AG introduced the new sub-methodology „Institutional Protection Scheme Banks“. Hence, all current ratings of bank capital and unsecured bank instruments will be reviewed as part of our current monitoring and receive therefore the rating supplement "watch". Our revised rating methodologies can be found at www.creditreform-rating.de.
  • 07.10.2020
    Creditreform Rating has lowered the rating on Banco de Sabadell (Group) to BBB- from BBB. In addition, Creditreform Rating has revised its outlook from watch negative to stable. Moreover, Creditreform Rating has also lowered the rating of Additional Tier 1 Capital to B from B+, the rating of Tier 2 Capital to B+ from BB-, the rating of Non-Preferred Senior Unsecured Debt to BB from BB+ and the rating of Preferred Senior Unsecured Debt to BB+ from BBB-. For more details regarding the rating, we refer to our rating report on our homepage.
  • 28.03.2020
    Creditreform Rating has set the rating of all valid bank ratings and bank issues to watch negative 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.
  • 10.07.2019
    Creditreform Rating has affirmed the rating of Banco de Sabadell S.A. (Group) at BBB. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 at B+, the rating of Tier 2 at BB- and the rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) at BBB-. In addition, Creditreform Rating has assigned the Non-Preferred Senior Unsecured debt class the rating of BB+.
  • 21.06.2019
    Creditreform Rating AG has revised its rating methodology for the rating of "Bank Capital and Unsecured Debt Instruments". Henceforth, only the revised version of the rating methodology ("Version 2.0") will be applied. Moreover, all current ratings of bank capital and unsecured bank instruments will be reviewed as part of our current monitoring and receive therefore the rating supplement "watch". Our revised rating methodology can be found at www.creditreform-rating.de.
  • 12.06.2018
    Creditreform Rating has set the rating of Banco de Sabadell S.A. to BBB, with stable outlook. Creditreform Rating has also determined the ratings of the debt classes as follows. The rating of Additional Tier 1 was set to B+, the rating of Tier 2 to BB- and the rating of the Senior Unsecured to BBB-.