Credit Rating

Moody's Investors Service

Long-term Deposit Rating: Affirmed at "A3" and revised the outlook to positive on 16 December 2025

Short-term Deposit Rating: Affirmed at "P-2" on 16 December 2025

Baseline Credit Assessment: Affirmed at "baa3" on 16 December 2025

Counterparty Risk Assessment: Affirmed at "A3(cr)" / Affirmed at "P-2 (cr)" on 16 December 2025

Local and foreign currency long-term Counterparty Risk Rating: Affirmed at "A3" on 16 December 2025

Local and foreign currency short-term Counterparty Risk Rating: Affirmed at "P-2" on 16 December 2025

 

Fitch Ratings

Long-term Issuer Default Rating: Upgraded to "BBB" on 25 November 2025 (stable outlook)

Short-term Issuer Default Rating: Affirmed at "F3" on 25 November 2025

Viability Rating: Upgraded to "bbb" on 25 November 2025

 

S&P Global Ratings

Long-term Issuer Credit Rating: Affirmed at "BBB-" and revised the outlook to positive on 18 December 2025

Short-term Issuer Credit Rating: Upgraded to "A-3" on 7 February 2025

Long-term Resolution Counterparty Rating: Affirmed at "BBB" on 7 February 2025

Short-term Resolution Counterparty Rating: Affirmed at "A-2" on 7 February 2025

 

Capital Intelligence

Foreign Currency Long-Term: Affirmed at "BBB" on 5 December 2025 (stable outlook)

Foreign Currency Short-Term: Affirmed at "A3" on 5 December 2025