Standard Bearers

Author: Andrew Cunningham

WESTERN EUROPE

Rank
Bank
Fitch
Moody’s
S&P
Total Score
Assets $mn
Statement Date
Country

1

KfW

AAA

Aaa

AAA

30

640,953

12/31/13

Germany

2

Zürcher Kantonalbank

AAA

Aaa

AAA

30

167,927

12/31/13

Switzerland

3

Landwirtschaftliche Rentenbank

AAA

Aaa

AAA

30

112,995

12/31/13

Germany

4

L-Bank

AAA

Aaa

AAA

30

96,733

12/31/13

Germany

5

Bank Nederlandse Gemeenten

AAA

Aaa

AA+

29

180,917

12/31/13

Netherlands

6

Nederlandse Waterschapsbank

N/R

Aaa

AA+

27.5

100,500

12/31/13

Netherlands

7

NRW.BANK

AAA

Aa1

AA-

26

197,425

12/31/13

Germany

8

Caisse des Dépôts et Consignations

AA+

Aa1

AA

26

197,337

12/31/13

France

9

Banque et Caisse d’Epargne de l’Etat

N/R

Aa1

AA+

26

56,102

12/31/13

Luxembourg

10

Société de Financement Local (SFIL)

AA

Aa2

AA

24

115,195

12/31/13

France

  • Source for ratings: Fitch Ratings, Standard & Poor’s, Moody’s Investors Service.
  • Source for Reporting Assets: Fitch Solutions, except for * Moody’s Investors Service, and ** bank’s financial reports.
  • Ratings current as of August 14, 2014

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