July 16, 2024
Moody's Ratings Affirmed the North American Development Bank at Aa1; Outlook Stable
The affirmation of NADBank's rating considers its high intrinsic financial strength; strong capital position and comparatively low leverage; strong liquidity, and high member support from the U.S. and Mexico, its two shareholder members.
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.