Eksportfinans has ratings from Standard & Poor's and Moody's.
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BB+ (negative outlook) |
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Publishing date November 25, 2011 |
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Ba1 (review for further downgrade) |
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Publishing date January 09, 2012 |
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Funding of Eksportfinans' business is mainly conducted in the international capital markets, and is reliant on foreign investors. To ensure that our investors and our clients have access to objective information about the institution and its credit quality, Eksportfinans has had international ratings since the early 1980s.
Eksportfinans' strong ratings play a crucial part in helping us obtain favourable funding terms. Strong financial rating ensure the lowest possible funding cost for all government supported activiteies, reducing subsidy payments from the government. Strong rating also help us ensure that the Norwegian exporters and their clients are offered favorable financing terms.
Read "Statement on Eksportfinans ASA" from the Royal Ministry of Trade and Industry dated July 3, 2009 here.