trending Market Intelligence /marketintelligence/en/news-insights/trending/CbbJ0W8eLpM895o-EFpOMw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

S&P upgrades Netherlands-based NIBC Bank

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


S&P upgrades Netherlands-based NIBC Bank

S&P Global Ratings on Oct. 12 upgraded NIBC Bank NV's long- and short-term counterparty credit ratings to BBB/A-2 from BBB-/A-3 and revised the outlook to stable from positive.

The agency also upgraded the bank's foreign-currency certificate of deposit and its senior unsecured rating to BBB from BBB-.

The upgrade reflects the gradual balancing of the bank's funding profile over recent years, which has increased its overall resiliency, according to S&P.

The outlook revision is based on S&P's view that the bank will maintain its niche franchise, strong capitalization, similar risk appetite and sound asset quality.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.