July 26, 2022

Fitch Upgrades North American Development Bank to 'AA+'; Outlook Stable

Fitch revised its assessment of shareholders' capacity to support the bank to 'aaa' from 'aa+', as callable capital from the United States (AAA/Stable) now fully covers NADB's net debt. Support capacity and a stable US sovereign outlook are key drivers of the rating.

To read Fitch's report related to NADBank’s credit rating, please click here