S&P affirms Nordic Investment Bank

S&P said it affirmedits long- and short-term issuer credit ratings on the Nordic Investment Bank at AAA/A-1+.

The outlook is stable.

“We base our ratings on NIB on our assessment of its very strong business profile and extremely strong financial profile. Sound core earnings in 2015, combined with the sustained robust credit quality of its growing loan book, have provided for an extremely strong capital position, which underpins our assessment of its stand-alone credit profile (SACP) at aaa,” S&P said in a news release.

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