San Antonio, Texas – The North American Development Bank (NADBank) has successfully concluded its 2025 annual credit rating review cycle, with both Fitch and Moody’s Rating Agencies reaffirming the Bank’s very strong credit profile.
Fitch Ratings affirmed NADBank’s rating at AA on March 5th, while Moody’s Ratings also affirmed its rating at Aa1 on July 11th. The agencies differed on the credit outlook facing NADBank with Fitch maintaining a stable outlook and Moody´s a negative one.
These affirmations reflect the Bank’s strong capital adequacy, robust financial position, best-of-class risk management practices, and the continued strategic importance of its mission to both the United States and Mexico.
During their evaluations, both agencies indicated NADBank’s primary role in advancing environmental infrastructure and sustainable development along the U.S.-Mexico border, a nearly 2000 mile stretch with a population of over 26 million residents which is larger than the population of the ten largest U.S. cities combined. The Bank remains a key instrument for both federal governments to catalyze investment for the future, address binational challenges, and improve the quality of life in border communities.
Support for the North American Development Bank (NADBank) from its shareholders, at the highest levels of both the U.S. and Mexican governments, has never been more evident. The Bank’s Board of Directors includes representatives from the U.S. Departments of the Treasury, State, and the Environmental Protection Agency, along with their Mexican federal counterparts, as well as state and public sector representatives from both countries.
At last month’s in-person Board meeting held in Ciudad Juárez, Chihuahua, Mexico, the Board authorized for public comment the Bank’s significant proposal for the Water Resiliency Fund. When approved, the fund could provide up to $400 million in financing for critical water conservation and diversification infrastructure. This initiative aims to support border communities and the agricultural sector in addressing the severe drought conditions currently affecting the region.
More recent high-level engagements, including meetings with U.S. Ambassador to Mexico Ron Johnson and Mexico’s Secretary of Environment and Natural Resources, Alicia Bárcena, highlight the Bank’s key role in strengthening cross-border cooperation and resolving bilateral issues through the financing much-needed infrastructure in border communities.
In a further demonstration of shareholder commitment, NADBank received nearly $100 million in paid-in capital contributions in 2025—$48 million from the United States and $46 million from Mexico. These contributions reflect a strong member support from the Bank’s shareholders to continue financing impactful infrastructure projects across the region.
“NADBank’s reaffirmed ratings reflect the confidence of our stakeholders and the importance of our mission,” said John Beckham, NADBank Managing Director. “We remain committed to delivering sustainable, high-impact solutions that benefit the communities we serve on both sides of the border and the broader, dynamic US-Mexico relationship, while maintaining our exceptional creditworthiness”
For more information, visit www.nadb.org.
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The North American Development Bank is a binational financial institution that supports environmental infrastructure projects along the U.S.-Mexico Border. By promoting investments in water, clean energy and other critical sectors, NADBank works to improve the quality of life in border communities and advance sustainable economic growth throughout the region.