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KommuneKredit announces Responsibility Report 2018

Press release -

KommuneKredit announces Responsibility Report 2018

KommuneKredit has today, 1 March 2019, published its Responsibility Report for 2018.

CEO Jens Lundager states: “I am pleased to be able to publish KommuneKredit’s first Responsibility Report. KommuneKredit’s business model is responsible at its core. Most of our loans have a green or social purpose, fx climate-proofing and coastal protection, public transportation and energy efficiency of public buildings.”

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KommuneKredit is an association, whose purpose is to provide lending to municipalities and regions and companies with a 100% municipal guarantee.

The association is the municipalities and regions own credit institution and exist solely for our clients.

Press contacts

Jens Lundager

Jens Lundager

Press contact CEO +45 3369 7622

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KommuneKredit

Purpose
KommuneKredit is an association, whose purpose is to provide lending to municipalities and regions and companies with a 100% municipal guarantee. The association is the municipalities and regions own credit institution and exists solely for our clients.
Mission
KommuneKredit must create financial latitude for Danish local authorities by providing funding and financial advice at the lowest possible cost.

Vision
We want to be the best funding choice for our clients, regardless of the given conditions.
We want to be contemporary, efficient and engaged, while focusing on high quality, steadiness and stability.

Joint and several liability
KommuneKredit’s members are Danish municipalities and regions that have loans, or guarantee or are liable for loans. Members are jointly and severally liable for all of KommuneKredit’s liabilities.

KommuneKredit’s lending is financed by the issue of securities in the Danish and international capital markets.
KommuneKredit is rated by Moody’s Investors Service and Standard and Poor’s. KommuneKredit’s long-term debt is rated Aaa/AA+ and the short-term debt is rated P-1/A-1+.

KommuneKredit
Kultorvet 16
DK-1175 Copenhagen K
Denmark
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