Tuesday 3 December 2013
On 29 November 2013 Standard & Poor’s (“S&P”) lowered the long-term sovereign credit rating on the State of the Netherlands to AA+ from AAA. Consequently S&P equalized the long-term rating of NWB Bank as government related entity (“GRE”) and affirmed the A-1+ short-term rating on 2 December 2013. The outlook is stable.
Global Finance named NWB Bank as one of the safest banks in the world.
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NWB Bank in the first half of 2013
Nederlandse Waterschapsbank N.V. (“NWB Bank”) has launched a 7yr EUR 1,000,000,000 benchmark issue. The joint lead managers are Barclays, BNP Paribas and RBC Capital Markets. NWB Bank is a AAA/Aaa rated public sector bank.
During the annual General Meeting of Shareholders of Nederlandse Waterschapsbank N.V. ("NWB Bank") held in The Hague on 25 April 2013, the shareholders adopted the 2012 financial statements.In the light of the Basel III capital requirements, the net profit for 2012 of €40 million will be added to the Bank’s general reserves in full.
Nederlandse Waterschapsbank N.V. (“NWB Bank”) has completed a 3-yr USD 1,000,000,000 benchmark with 144A/Reg S format. NWB Bank is a AAA/Aaa rated public sector bank.
NWB Bank in 2012:
The NWB Bank yearly presents the CSR Award, to encourage the development of social responsible and/or environmentally sustainable projects.
Besides a strong financial position and efficient business operations, we attach great value to social responsibility.