Rating, Sustainability and Regulatory Conditions

SUSTAINABILITY

During the year under review we continued to make further progress in anchoring sustainability in our core business. In particular, we integrated additional ecological and social sustainability criteria in our loan processing and IT systems.

Our sustainability ratings developed favourably. The rating agency oekom research rated MünchenerHyp as one of the three best banks in the category of “Financials/Mortgage and Public Sector Finance”. In June 2016 the agency raised our overall rating from C to C+. The Bank’s ecological commitment was rated B-, while its social commitment earned a C+. In addition, oekom research confirmed MünchenerHyp’s “Prime Status”. The primary reasons given for the improved rating were the quality of the social and ecological aspects of the Bank’s loan portfolio, as well as the responsible relationships with customers, and the Sustainability Loan that was introduced in 2015.

The rating agency imug confirmed our sustainability ratings in December 2016 with an unchanged “very favourable” for our Public Pfandbriefe, and “favourable” for our Mortgage Pfandbriefe and unsecured bonds.

The development our sustainability ratings since 2014 at a glance: