The Hague, 11 December, 2013 - FMO (the Dutch Development Bank) was awarded an AAA rating by Fitch Ratings.
Fitch Ratings has assigned FMO long-term local and foreign currency ratings of ‘AAA’ and a Short-term foreign currency rating of 'F1+'. The outlook is Negative. The ratings are aligned with The Netherlands due to strong expected support from the State.
Following the downgrade of The Netherlands by Standard and Poor's from AAA to AA+, FMO's long-term rating was lowered accordingly. The outlook is Stable.
The rating profile provided by two renowned rating agencies will support FMO in establishing a wide and solid investor base.
More information:
Mr R. de Sévaux
T: +31 70 314 98 68
E: r.de.sevaux@fmo.nl
M: +31 6 41491930
