Nykredit has commenced cooperation with the international credit rating agency Fitch Ratings, and the agency announced today that Nykredit Realkredit A/S has been assigned a long-term Issuer Default Rating (IDR) of A and a short-term IDR of F1. Both ratings have stable outlooks.
Fitch Ratings further announced that Nykredit Bank A/S has also been assigned a long–term IDR of A and a short-term IDR of F1, both with stable outlooks.
Søren Holm, Group Managing Director, comments on the ratings:
– The high ratings from Fitch confirm the Nykredit Group's strong position. Particularly the robust capitalisation and low risk profile have motivated the high ratings.
The ratings from Fitch will be significant for Nykredit Bank in particular – not least in the Swedish market after the Bank's Markets area set up operations in Stock-holm in January.
The announcements from Fitch Ratings are attached to this release.
Enquiries may be addressed to Søren Holm, Group Managing Director, or Nels Petersen, Head of Corporate Communications, tel +45 44 55 14 70 / +45 20 22 22
