Hamburg Sparkasse AG (Haspa) is rated by Moody's Investors Service (Moody's) with an issuer rating of "Aa2" and a "stable" outlook. This rating confirms Haspa's strong financial stability as well as creditworthiness and ranks Haspa among the top-tier German financial institutions. The assessment is based on solid capital adequacy, a stable business model with a conservative investment policy, as well as a strong deposit base and a diversified refinancing structure. Furthermore, Haspa's membership in the S-Financial Group is also considered a positive factor. The rating and outlook reflect Haspa's robust financial position and serve as an independent confidence signal in the institution's long-term stability and soundness.
December 2024: Moody's upgrades Haspa’s issuer rating to "Aa2" with a "stable" outlook.
March 2024: Moody's confirms the "Aa3" rating and upgrades the outlook from "stable" to "positive".
April 2023: Moody's assigns Haspa its first-ever issuer rating: "Aa3" with a "stable" outlook.
| Moody’s | Rating | Outlook |
| Long-Term Bank Deposit and Issuer Rating | Aa2 | stable |
| Short-Term Bank Deposit and Issuer Rating | P-1 | |
| Long-Term Counterparty Risk Rating (CRR) | Aa1 | |
| Short-Term Counterparty Risk Rating (CRR) | P-1 | |
| Baseline Credit Assessment (BCA) | baa1 | |
| Adjusted BCA | a2 | |
| Long-Term Counterparty Risk Assessments (CR Assessments) | Aa1(cr) | |
| Short-Term Counterparty Risk Assessments (CR Assessments) | P-1(cr) | |
| Mortgage Pfandbriefe | Aaa | |
| Public Pfandbriefe | Aaa | |
| Long-term senior unsecured debt | Aa2 | stable |
| Long-term junior senior unsecured debt | A3 | |
| Long-term subordinated debt | A3 |
Additional information can be found in Moody’s Rating Action and Credit Opinion.
Furthermore, the S-Finanzgruppe obtained a floor rating of "A" from DBRS and a group rating of "A+" from Fitch. These marketable ratings from Fitch and DBRS have been assigned to us on a group-oriented evaluation by the respective rating agencies.
| Fitch | Rating | Outlook |
| Long-Term Issuer Default Rating | A+ | stable |
| Short-Term Issuer Default Rating | F1+ |
| DBRS | Rating | Outlook |
| Long-Term Issuer Rating | A (high) | stable |
| Short-Term Issuer Rating | R-1 (middle) | stable |
The S-Finanzgruppe received a corporate family rating of "Aa2" from Moody's. This association rating represents a credit assessment of the entire Savings Bank Finance Group.
| Moody's | Rating | Outlook |
| Corporate Family Rating | Aa2 | stable |
| Baseline Credit Assessment | a2 |
With a "Prime"-sustainability rating by ISS-ESG, Haspa ranks among the top-tier German financial institutions.
| ISS ESG | Rating |
| Sustainability Rating | Prime Standard C |
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