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:

SCL - Chief Financial Officer Transition
BLS - Strong YTD performance
CEN announces opening of NZ$75 million Retail Offer
AIA - 1H26 Interim Results
February 19th Morning Report
TWL - Share Purchase Plan Results
GMT revaluation, unit buyback and proposed structure update
Devon Funds Morning Note - 17 February 2026
CEN - Contact successfully completes NZ$450m Placement
February 17th Morning Report