Moody's affirms Aa2 ratings with stable outlook
On November 2, 2023, Moodys affirmed EUROFIMA long term issuer rating at Aa2 with stable outlook.
The credit profile of Eurofima (Aa2 stable) is supported by its strong asset quality and excellent asset performance, demonstrated by the absence of any credit losses since its inception in 1956, as well as by the strong support provided by its highly rated shareholders. Eurofima also has very strong liquidity buffers and solid access to funding on favourable terms from a diverse group of investors. These credit strengths are set against Eurofima's very high leverage ratio and the institution's low level of callable capital relative to its debt stock.
The outlook remains stable. Further information can be found here.