EAA and NRW.Bank win S&P bump

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By Burhan Khadbai
16 Sep 2019

Erste Abwicklungsanstalt and NRW.Bank both had a boost on Monday after S&P upgraded their credit ratings a notch, following an upgrade to the State of North Rhine-Westphalia.

EAA and NRW.Bank moved from AA- to AA, following a similar upward revision to Land NRW last Friday, in which it was also bumped up from AA- to AA.

“We consider NRW.Bank and EAA government-related entities (GREs) benefiting from an almost certain likelihood of receiving timely and sufficient ...

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