The Hague building.jpg

Fitch upgrades NIBC Bank to ’BBB’

Press Release -

Yesterday, 20 December 2017, Fitch Ratings raised NIBC Bank N.V.’s (NIBC) long-term issuer Default Rating (IDR) to ‘BBB’, from ‘BBB-‘, stable outlook.

According to Fitch:

  • The upgrade reflects the structural improvements in NIBC’s earnings which Fitch expects will be sustained;
  • NIBC’s ratings incorporate the niche franchise and business model, improved earnings and overall asset quality, despite continued lending to some cyclical industries and are underpinned by the sound capital and leverage ratios.

Statement of the CFO, Herman Dijkhuizen:

“We are pleased that Fitch has decided to raise the credit rating of NIBC Bank. The new credit rating follows the solid H1 2017 results and the successful issue of the Additional Tier 1 (AT1) bond on 22 September 2017. In addition, it more accurately reflects the Bank’s current state and the way we are currently viewed by the market.”

Call me back
Please fill out your name Onderwerp is verplicht Please fill out your telephone number

Welcome to

We, NIBC Bank N.V., use functional cookies to ensure that this website works properly. We’d also like to place optional analytical cookies on your device which enable us to collect information about the use of this website, so that we can offer you an optimised website experience. You can choose not to provide your consent for the use of analytical cookies. If you do consent, you can withdraw your consent at any time. You can find more information in our Cookie Policy and our Privacy Statement.