KfW IPEX-Bank

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Rating

Standard & Poor's and Moody's assign KfW IPEX-Bank GmbH ratings of AA and Aa3

The two leading rating agencies Standard & Poor's and Moody's have given KfW IPEX-Bank GmbH a long-term rating of AA and Aa3, respectively. KfW IPEX-Bank's creditworthiness, excellent in comparison with other banks, stems chiefly from a solid market position in international project and export finance that was built up successfully on a global scale over almost 60 years as well as from its strong equity base and close ties to KfW Bankengruppe, which ensure refinancing at market rates at all times.

All over the world KfW IPEX-Bank GmbH is a strong and reliable long-term partner for its customers and banks.

The individual external ratings are:

Standard & Poor's

Long Term Counterparty Credit Rating: AA
Short Term Counterparty Credit Rating: A-1+
Outlook: Stable

Moody's

Long Term Deposit Rating: Aa3
Short Term Deposit Rating: Prime-1
Outlook: Stable

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