Announcements

    Drinks

      New analysis on Commerzbank
      FRIDAY, 16/11/2018 - Scope Ratings GmbH
      Download PDF

      New analysis on Commerzbank

      Scope Ratings has updated its rating report on Commerzbank, rated A with Stable Outlook.

      The rating reflects Commerzbank’s leading position in private and commercial banking in its home market of Germany, also through its digital bank Comdirect, and the solid franchise built in Poland with mBank.

      The transformation programme initiated in 2016, and oriented towards streamlining back-end processes and digitalisation, is on track. On the other hand, the front-loading of investment is further depressing profitability levels which are already suffering from the low interest rate environment. Nevertheless, we expect cost savings to materialise in the medium term.

      Client acquisition numbers in the target segments are improving, and the bank maintains strong market shares in corporate banking, particularly in the SME segment.

      Asset quality metrics reflect good risk management capabilities coupled with the low risk nature of mostly domestic exposures. Liquidity and solvency ratios remain strong, although declining profitability is affecting capital build-up.

      Download the report on Commerzbank here.

      Related news

      Show all
      Mid-year European bank outlook: earnings expected to stay resilient through risks skewed to downside

      24/7/2025 Research

      Mid-year European bank outlook: earnings expected to stay ...

      Updated Rating Report on Georgian JSC Silk Bank

      22/7/2025 Monitoring note

      Updated Rating Report on Georgian JSC Silk Bank

      Updated Rating Report on Georgian MFO Rico Express LLC

      18/7/2025 Monitoring note

      Updated Rating Report on Georgian MFO Rico Express LLC

      Scope affirms OTP Bank’s BBB+ issuer rating with Stable Outlook

      18/7/2025 Rating announcement

      Scope affirms OTP Bank’s BBB+ issuer rating with Stable Outlook

      Scope has completed a monitoring review for CDP

      16/7/2025 Monitoring note

      Scope has completed a monitoring review for CDP

      Covered Bond Quarterly: higher mortgage rates highlight need for macroprudential measures in Europe

      16/7/2025 Research

      Covered Bond Quarterly: higher mortgage rates highlight need ...