Moody's on June 7 withdrew all ratings of DZ BANK AG unit DZ Finance Ireland Ltd., formerly known as DZ BANK Ireland.
The agency withdrew DZ BANK Ireland's A1/P-1 long- and short-term foreign- and local-currency deposit ratings, A1(cr)/P-1(cr) long- and short-term counterparty risk assessments, "baa2" baseline credit assessment and "a2" adjusted baseline credit assessment. Moody's noted that at the time of withdrawal, the outlook on the long-term deposit ratings was positive.
Moody's said it withdrew the ratings as the company's obligations are no longer outstanding. DZ BANK Ireland closed in 2016.
Moody's withdraws ratings on DZ BANK Ireland
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Moody's withdraws ratings on DZ BANK Ireland
- Author Richard Benjamin Chua
- Theme Banking
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- Richard Benjamin Chua
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