Press release -
Moody’s confirms KommuneKredit’s Aaa rating
Moody’s Investor Service has published their Update to Credit Opinion confirming KommuneKredit’s Aaa rating and stable outlook.
Moody’s highlights KommuneKredit’s:
- close link to government and the joint and several liability provided by all Danish regional and local governments
- the excellent asset quality
- direct oversight by sovereign, with prudent counterparty risk policies
- a stable financial performance as a result of its public policy mandate
- strong funding and liquidity and solid capitalisation relative to its peers
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KommuneKredit is an association, whose purpose is to provide lending to municipalities and regions and companies with a 100% municipal guarantee.
The association is the municipalities and regions own credit institution and exist solely for our clients.
