Today Standard & Poor’s (“S&P”) affirmed the ‘AAA/A-1+’ long- and short-term ratings on NWB Bank and removed the long-term rating from CreditWatch negative, where it was placed on 16 November 2012.
During an Extraordinary General Meeting of Shareholders held on 22 November 2012, Albertine van Vliet-Kuiper and Maurice Oostendorp were appointed Supervisory Directors of Nederlandse Waterschapsbank N.V. ("NWB Bank") for a term of four years.
Following the revision of the economic risk score for the Netherlands and its Banking Industry Country Risk Assessment, Standard & Poor’s (“S&P”) placed NWB Bank’s long-term AAA rating on CreditWatch negative.
NWB Bank in the first half of 2012:
Nederlandse Waterschapsbank N.V. (NWB Bank) has launched a 7yr EUR 1,500,000,000 benchmark issue. The joint lead managers are Credit Suisse, Deutsche Bank and RBC Capital Markets. Co-leads are DZ Bank, Landesbank Baden-Württemberg and Norddeutsche Landesbank. NWB Bank is a AAA(neg)/Aaa(neg) rated public sector bank.
Moody’s changed the outlook on NWB Bank’s Aaa/P-1 ratings to negative from stable, following the same change in the outlook of the Government of the Netherlands’ rating, which it had announced earlier.
During the annual General Meeting of Shareholders of Nederlandse Waterschapsbank N.V. ("NWB Bank") held in The Hague on 26 April 2012, the shareholders adopted the 2011 financial statements. In the light of the Basel III capital requirements, the net profit for 2011 of €75 million will be added to the Bank’s general reserves in full.
Nederlandse Waterschapsbank N.V. (NWB Bank) has launched a 10yr EUR 1,500,000,000 benchmark issue. The joint lead managers are BNP Paribas, J.P. Morgan and UBS. NWB Bank is a AAA/Aaa rated public sector bank.
NWB Bank in 2011:
Nederlandse Waterschapsbank N.V. (“NWB Bank”) has completed a 5-yr USD 1,000,000,000 benchmark with 144A/Reg S format. The joint lead managers were Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities Ltd. and Nomura International plc. NWB Bank is a AAA/Aaa rated public sector bank.
NWB Bank’s AAA rating affirmed; outlook negative following same action on the State of the Netherlands
Nederlandse Waterschapsbank N.V. (NWB Bank) has launched its first benchmark of 2012, a 5-yr EUR 1,000,000,000 issue.
Besides a strong financial position and efficient business operations, we attach great value to social responsibility.
The NWB Bank yearly presents the CSR Award, to encourage the development of social responsible and/or environmentally sustainable projects.