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 the following:
- the support offered by the joint and several guarantee provided by its RLG members,
- the agency's close association with the central government,
- its public policy mandate and dominant franchise in Denmark,
- prudent financial management, and
- KommuneKredit's excellent asset quality and very solid capitalization.
For further information please contact:
CEO Jens Lundager
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.