Report
Maria Khoury ...
  • Michael Driscoll
  • Shokhrukh Temurov

Canadian Western Bank: Rating Report

On December 9, 2021, DBRS Limited (DBRS Morningstar) changed the trends on Canadian Western Bank’s long-term ratings to Stable from Negative and maintained the trends on all short-term ratings at Stable. DBRS Morningstar also confirmed its ratings on CWB, including the Bank’s Long-Term Issuer Rating at A (low) and Short-Term Issuer Rating at R-1 (low). The Bank’s Intrinsic Assessment (AI) of A (low) and Support Assessment of SA3 are unchanged.
Underlyings
CANADIAN WESTERN BANK

Canadian Western Bank

Canadian Western Bank

Canadian Western Bank

Canadian Western Bank PFD Series 9

CANADIAN WESTERN Bank PR B Pfd.

CANADIAN WESTERN BANK PR C Pfd.

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Maria Khoury

Michael Driscoll

Shokhrukh Temurov

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