22 Jul 2005

Moody's and S&P confirms NIB's rating

During July, the international rating agencies Moody’s Investors Service and Standard & Poor’s confirmed the rating of the Nordic Investment Bank (NIB), accordingly, at Aaa/Prime-1, outlook stable, and AAA/Stable/A-1+.

Both agencies emphasise NIB’s strong capacity to meet its financial obligations in a timely manner, which reflects the support of NIB member countries, the Bank’s robust liquidity position, and the quality of NIB’s assets.

Standards & Poor’s assigned NIB an AAA long-term rating in 1982 and an A-1+ short-term rating in 1981. Moody’s granted NIB an Aaa long-term rating in 1982 and a short-term at Prime-1 in 1980.