Moody’s revises outlook on BNG Bank, affirms AAA-rating

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Moody's affirmed the AAA rating on BNG Bank. The rating agency revised BNG Bank's outlook to negative from stable.

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Moody’s revision follows uncertainty on the impact for EU banks of the Recovery and Resolution Directive, to be implemented into national laws on 1 January 2015. A detailed implementation of this Directive into national laws has not been finished yet.   

In addition to Moody’s, BNG Bank is rated by S&P and Fitch. Fitch’s rating is AAA with negative outlook. S&P’s rating is AA+ with stable outlook. This confirms BNG Bank’s position as one of the world’s highest rated banks.

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