Credit ratings
OTP Bank Plc.
Rating agency: Moody's
| Rating | |
|---|---|
| Long Term Local and Foreign Currency Deposit | Baa1 (+*) |
| Short Term Local and Foreign Currency Deposit | P-2 |
| Long Term Counterparty Risk Rating (Local and Foreign Currency) | Baa1 (+*) |
| Short Term Counterparty Risk Rating (Local and Foreign Currency) | P-2 |
| Subordinated Foreign Currency Debt | Ba1 (-*) |
| Junior subordinated Foreign Currency Debt | Ba3(hyb) (+*) |
Rating Long Term Local and Foreign Currency Deposit Baa1 (+*) Rating Short Term Local and Foreign Currency Deposit P-2 Rating Long Term Counterparty Risk Rating (Local and Foreign Currency) Baa1 (+*) Rating Short Term Counterparty Risk Rating (Local and Foreign Currency) P-2 Rating Subordinated Foreign Currency Debt Ba1 (-*) Rating Junior subordinated Foreign Currency Debt Ba3(hyb) (+*)
Last update: 04/03/2022
Rating agency: S&P Global
| Rating | |
|---|---|
| Long Term Local and Foreign Currency Counterparty Credit Rating | BBB- (0) |
| Short Term Local and Foreign Currency Counterparty Credit Rating | A-3 |
| Long Term Resolution Counterparty Rating (Local and Foreign Currency) | BBB- |
| Short Term Resolution Counterparty Rating (Local and Foreign Currency) | A-3 |
| Senior preferred debt | BBB- |
Rating Long Term Local and Foreign Currency Counterparty Credit Rating BBB- (0) Rating Short Term Local and Foreign Currency Counterparty Credit Rating A-3 Rating Long Term Resolution Counterparty Rating (Local and Foreign Currency) BBB- Rating Short Term Resolution Counterparty Rating (Local and Foreign Currency) A-3 Rating Senior preferred debt BBB-
Last update: 31/01/2023
Rating agency: Scope
| Rating | |
|---|---|
| Issuer rating | BBB+ (-) |
| Preferred senior unsecured debt | BBB+ (-) |
| Non-preferred senior unsecured debt | BBB (-) |
| Tier 2 debt | BB+ (-) |
Rating Issuer rating BBB+ (-) Rating Preferred senior unsecured debt BBB+ (-) Rating Non-preferred senior unsecured debt BBB (-) Rating Tier 2 debt BB+ (-)
Last update: 15/12/2022
OTP Mortgage Bank Ltd.
Rating agency: Moody's
| Rating | |
|---|---|
| Mortgage covered bonds | A1 |
| Backed Local Currency Issuer Rating | Baa2 (-*) |
| Long Term Counterparty Risk Rating (Local and Foreign Currency) | Baa1 (+*) |
| Short Term Counterparty Risk Rating (Local and Foreign Currency) | P-2 |
Rating Mortgage covered bonds Not every series is assigned a rating. A1 Rating Backed Local Currency Issuer Rating Baa2 (-*) Rating Long Term Counterparty Risk Rating (Local and Foreign Currency) Baa1 (+*) Rating Short Term Counterparty Risk Rating (Local and Foreign Currency) P-2
Last update: 29/09/2021
Rating agency: S&P Global
| Rating | |
|---|---|
| Long Term Local and Foreign Currency Counterparty Credit Rating | BBB- (0) |
| Short Term Local and Foreign Currency Counterparty Credit Rating | A-3 |
| Long Term Resolution Counterparty Rating (Local and Foreign Currency) | BBB- |
| Short Term Resolution Counterparty Rating (Local and Foreign Currency) | A-3 |
Rating Long Term Local and Foreign Currency Counterparty Credit Rating BBB- (0) Rating Short Term Local and Foreign Currency Counterparty Credit Rating A-3 Rating Long Term Resolution Counterparty Rating (Local and Foreign Currency) BBB- Rating Short Term Resolution Counterparty Rating (Local and Foreign Currency) A-3
Last update: 31/01/2023
(-) Outlook: negative
(0) Outlook: stable
(+) Outlook: positive
(-*) Rating under review for downgrade
(+*) Rating under review for upgrade
Most recent announcement of rating agencies about OTP Bank
- March 11, 2022 - Moody's extends the ratings review on OTP Bank Nyrt's and its mortgage bank's ratings
- January 18, 2022 - Credit Opinion
- September 28, 2021 - Moody's takes rating actions on six Hungarian banks
- January 30, 2023 - OTP Bank ratings downgraded after similar action on Hungary
- August 16, 2022 - OTP Bank outlook revised to negative after similar action on Hungary
- June 15, 2022 - OTP Bank Rating Research
- December 14, 2022 - Issuer Rating Report
- December 6, 2022 - Scope affirms OTP Bank's BBB+ issuer rating, changes outlook to negative from stable