Sharechat Logo

Fitch changes ratings for Australian major banks

Wednesday 8th April 2020

Text too small?

ANZ today confirmed Fitch Ratings (Fitch) has changed its ratings of the Australian major banks, resulting in ANZ’s Long-Term Issuer Default Rating (IDR) decreasing one-notch to A+ from AA-. The Outlook on its Long-Term IDR remains Negative.

ANZ’s Short-Term IDR has also been downgraded to F1 from F1+. The full list of ANZ’s ratings are:

• Senior Debt: A+

• Subordinated Debt: A-

• Hybrid Debt: BBB

Source ANZ Limited



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

TRU - Results Guidance FY2026
TRU - Results Guidance FY2026
MEE - Me Today announces six-month results to 31 December 2025
HGH - Heartland announces 1H2026 result
BRW - FY26 Half Year Results Announcement
February 25th Morning Report
Genesis completes NZ$100m Placement
MCY - Invests heavily in renewables; delivers strong performance
PFI Announces Interim Results
February 24th Morning Report