Sustainability Funding & New Products/Structures
Corporate Use
Credit rating agencies (CRAs): recent comments on the EIB
European
Investment Bank
MOODY'S
INVESTORS SERVICE
■ Aaa/Stable
Rating reflects EIB's very
strong credit profile, which
has weathered recent crises
without any signs of
material negative impact
EIB's balance sheet shows
very strong asset quality and
asset performance, and a
very robust liquidity and
funding position
■ EIB's policy relevance
increased further since
2020, given instrumental
role as implementing partner
of major EU initiatives
(COVID, energy crisis and
support to Ukraine
(Jul 2023)
S&P Global
Ratings
■ AAA/Stable
■ 'Stable' outlook reflects
expectation that the EIB will
maintain its extremely strong
enterprise risk profile,
underpinned by its role as
the main EU policy bank
■ S&P expects the Bank's
preferred creditor status,
alongside its comprehensive
use of risk mitigation
frameworks, to ensure its
overall asset quality
remains excellent, despite
the challenged European
macroeconomic outlook
(Dec 2023)
European Investment Bank
Fitch Ratings
■ AAA/Stable
"
Rating reflects the EIB's
standalone credit profile of
‘aaa' based on its 'aa'
solvency and 'aa+' liquidity
assessments and an uplift of
three notches to reflect the
'low risk' business
environment
■ Solvency assessment driven
by 'strong' capitalisation and
'very low' risk profile
Rating would be resilient to a
one-notch deterioration in
any of Fitch's solvency,
liquidity or business
environment assessments,
all other things being equal
(Aug 2023)
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