The ratings on NIB Capital Bank N.V. reflect the bank's favorable loan loss experience, robust profitability, firm capitalization, and conservative management. NIB Capital Bank also benefits from its ownership by two major European pension funds, which will expand its business opportunities, enhance its financial flexibility, and would provide an element of support in situations of stress. NIB Capital Bank is a wholesale bank based in The Hague, specializing in providing medium- and long-term capital in the form of loans and equity, and financial and advisory services to midsize and large companies, mainly in the Benelux region. NIB Capital Bank manages a number of government-supported loan and equity investment programs, and acts as adviser to the government's privatization efforts, and in
