LONDON (S&P Global Ratings) Jan. 27, 2022--S&P Global Ratings today withdrew its 'A-1' rating on Nationwide Building Society's €5 billion French commercial paper program. The ratings were withdrawn at the issuer's request. The 'A+' long term and 'A-1' short term ratings on Nationwide reflect its robust U.K. mortgage franchise, solid and stable capital position, and improving profitability. The outlook remains stable. Criteria Financial Institutions Banks: Banking Industry Country Risk Assessment Methodology And Assumptions, Dec. 9, 2021 Criteria Financial Institutions General: Financial Institutions Rating Methodology, Dec. 9, 2021 General Criteria: Environmental, Social, And Governance Principles In Credit Ratings, Oct. 10, 2021 General Criteria: Group Rating Methodology, July 1, 2019 General Criteria: Hybrid Capital: Methodology And Assumptions, July
