On Wednesday, Moody’s Ratings (Moody’s) announced several rating actions concerning long-term deposit and senior unsecured debt ratings, as well as other ratings derived from them. LLB is among the institutions affected. The reassessment follows changes to the regulatory deposit guarantee directive in the EU.

According to Moody’s, this reflects the introduction of full depositor preference across the European Union (EU). This is part of the «Crisis Management and Deposit Insurance» (CMDI) legislative package adopted by the EU in March 2026.

With a deposit rating of Aa1, LLB ranks among the top tier of banks rated by Moody’s worldwide, the bank said in a statement. The rating stands for very high financial strength, security, and very low default risk.

Sustained strong financial strength

With this deposit rating, Moody’s takes into account LLB’s consistently strong financial position. This is based on a robust and broadly diversified business model, strong capitalization (Tier 1 ratio: 19,0 percent), and a solid liquidity profile, with liquidity ratios significantly exceeding regulatory minimum requirements.

«The Aa1 deposit rating – the second-highest rating overall – fills us with great satisfaction and pride. It is an important signal and a strong vote of confidence,» said CEO Christoph Reich. «It confirms the strength of our capital structure and our focus on financial stability and security.»

The reassessment by Moody’s was driven by regulatory adjustments in the EU concerning the recovery and resolution of credit institutions (BRRD) as well as the Deposit Guarantee Schemes Directive (DGSD).