Fitch Affirms German Cooperative Banks and DZ BANK at 'AA-'; Outlook Stable

(The following statement was released by the rating agency)

Link to Fitch Ratings' Report: Fitch Affirms German Cooperative

Banks and DZ

BANK at 'AA-'; Outlook Stable

https://www.fitchratings.com/site/re/892767

FRANKFURT/LONDON, January 05 (Fitch) Fitch Ratings has affirmed

Genossenschaftliche FinanzGruppe's (GFG) Long-Term Issuer

Default Rating (IDR)

at 'AA-' with Stable Outlook and Viability Rating (VR) at 'aa-'.

Fitch has also

affirmed the Long-Term IDRs of GFG's central institution, DZ

B

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