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S&P affirms Nordic Investment Bank
S&P said it affirmed its AAA long-term and A-1+ short-term issuer credit ratings on Nordic Investment Bank.
The outlook is stable.
“Steady profitability and improved loan quality have strengthened NIB's capital ratios, further supporting its stand-alone credit profile,” S&P said in a news release.
The agency said it believes the bank will maintain its solid capital position and robust liquidity coverage, and continue to deliver according to its public policy mandate throughout the economic cycle.
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