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Deutsche Bank AG Outlook Revised to Stable; 'AA-/A-1+' Ratings Affirmed Dec 03 Product Image

Deutsche Bank AG Outlook Revised to Stable; 'AA-/A-1+' Ratings Affirmed Dec 03

  • Published: December 2003
  • Standard & Poors

FEATURED COMPANIES

Abstract
FRANKFURT (Standard & Poor's) Dec. 3, 2003--Standard & Poor's Ratings Services said today it revised its outlook on Deutsche Bank AG to stable from negative. At the same time, the 'AA-' long-term and 'A-1+' short-term ratings on Deutsche Bank AG and related entities were affirmed. "The rating action follows Standard & Poor's regular review of Deutsche Bank and in part reflects the stabilized operating environment for the bank's key businesses," said Standard & Poor's credit analyst Bernd Ackermann. "It also reflects Standard & Poor's expectation of sustained further improvements in Deutsche Bank's profitability--which is, however, still lagging that of many similarly rated banks--as well as further improvements in the bank's asset quality indicators and its continued solid capitalization." Deutsche Bank's...

Companies mentioned in this report are:
- Deutsche Bank AG

Action: Outlook Revised

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- Deutsche Bank AG

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