July 17, 2026
Moody's Affirms North American Development Bank at 'Aa1'; Outlook Stable
Moody's Ratings (Moody's) has today changed the outlook on North American Development Bank (NADBank) to stable from negative and affirmed its long-term issuer and senior unsecured Aa1 ratings. The short-term issuer rating of the NADBank was affirmed at Prime-1 (P-1).
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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.