Credit Rating

EIF benefits from AAA-ratings, which is annually assessed by Fitch, Standard & Poor's and Moody's.

EIF has also the status of a Multilateral Development Bank which allows financial institutions to apply a 20% risk weighting under Basel 1 and a 0% risk weighting under Basel 2 to assets guaranteed by EIF (according to the EU Capital Requirements Directive).

The key drivers for affirming the EIF's Aaa rating and stable outlook result from:

• Multilateral development bank status
• Highly credit-rated shareholders
• Ample liquidity and strong capitalisation
• Debt-free balance sheet
• Sound risk management and monitoring
• Strong governance and highly qualified staff