March 8, 2024
Fitch Ratings Affirms North American Development Bank (NADBanK) at 'AA'; Outlook Stable.
Introductory text: Fitch Ratings Affirms North American Development Bank (NADBanK) at 'AA'; Outlook Stable.
Fitch Ratings has affirmed the North American Development Bank's (NADBank) Long-Term Issuer Default Rating (IDR) at 'AA' with a Stable OutlookTo see the full list of key rating actions, click the following link:
NADBank is a financial institution established and capitalized in equal parts by the United States and Mexico for the purpose of financing environmental infrastructure projects along their common border. As a pioneer institution in its field, the Bank is working to develop environmentally and financially sustainable projects with broad community support in a framework of close cooperation and coordination between Mexico and the United States. For more information about NADBank, visit www.nadb.org.
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