THE HAGUE, The Netherlands, January 23, 2012 /PRNewswire/ --
Standard & Poor's (S&P) has affirmed the AAA rating on BNG and has removed the rating from 'CreditWatch negative'. The outlook on BNG is negative. BNG's short term rating has been affirmed at the highest level of A-1+.
The actions of S&P on BNG follow similar actions on the State of the Netherlands on January 13, 2012. BNG's ratings cannot be higher than the sovereign ratings of the State of the Netherlands.
Fitch and Moody's did affirm their AAA-ratings on BNG in 2011 already, in October and December respectively. The ratings of Fitch and Moody's have a stable outlook.
SOURCE BNG (Bank Nederlandse Gemeenten)