March 13, 2023
Fitch affirms North American Development Bank at 'AA+'; outlook stable
Introductory text: Fitch affirms North American Development Bank at 'AA+'; outlook stable
Fitch Ratings has affirmed NADBank's Long-Term Issuer Default Rating (LT IDR) at 'AA+' with a stable outlook.
To read the full list of key rating drivers, click here
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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