standard poors.jpg

NIBC Bank Outlook to ’Positive’; ‘BBB/A-2’ Affirmed

News Release -

Yesterday, 29 October 2018, S&P Global Ratings revised its outlook on NIBC to ‘positive’ from ‘stable’ and affirmed the ‘BBB/A-2’ rating.

According to S&P :

  • “The positive outlook on NIBC Bank reflects the expectation that the bank may build up a larger buffer of bail-inable instruments to comply with MREL, which would lead us to incorporate one notch of uplift in our long-term rating for ALAC during our two-year outlook time horizon;
  • We could raise the ratings if NIBC Bank makes progress with MREL issuance, such that our ALAC measure is sustainably above the 5% minimum for an uplift;
  • We believe that, in the meantime, NIBC Bank will maintain its strategic niche focus and robust capitalization, combined with a stable risk appetite and sound asset quality;
  • We also assume that NIBC Bank's funding profile will keep improving, as we think the maintenance of strong capital ratios and a solid funding mix is important (…).”

Statement of the CFO, Herman Dijkhuizen:

“We are pleased with S&P’s decision to revise its outlook to ‘positive’, just over a year after raising the credit rating of NIBC Bank to BBB. In the past year we have proven to continuously build our curves, in terms of performance, capital generation, as well as on the funding side.”

Welcome to NIBC.com

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.

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