KommuneKredit Due Diligence

Run due diligence on KommuneKredit: check compliance and get alerts when suppliers or ownership change.

Denmark · owned by Local Government Denmark (LGDK) and Danish Regions (Denmark) · www.kommunekredit.dk · 16 vendors

KommuneKredit is a Danish credit institution that provides funding for municipalities and regions in Denmark. It is a non-profit organization whose main purpose is to secure stable and low-cost funding for its members for the financing of public services and infrastructure.

Resilience scores

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Last updated 2026-09-13 · revision 3

16 direct vendors, 205 subvendors

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Financials

Three-year financials

Financial Resilience Score: 9.5/10

KommuneKredit's financial resilience is among the highest of any financial institution globally. This assessment is based on the following key pillars: 1. Exceptional Credit Ratings: KommuneKredit holds the highest possible credit ratings from major agencies, on par with the Danish sovereign rating. 2. Ownership and Guarantee Structure: This is the cornerstone of its resilience. KommuneKredit is jointly owned by all Danish municipalities and regions. Its members provide a joint and several guarantee for its liabilities. This means that in the highly unlikely event of default, all local governments in Denmark are collectively responsible for its obligations, a guarantee second only to that of the sovereign itself. 3. Superior Capitalization: The institution is exceptionally well-capitalized, far exceeding regulatory requirements. 4. Pristine Asset Quality: The loan portfolio has virtually zero credit risk. Lending is almost exclusively to Danish municipalities and regions. The risk of a Danish municipality defaulting is considered negligible due to the central government's robust fiscal framework and oversight. 5. Robust Liquidity: The institution maintains a strong liquidity buffer and has proven, consistent access to diverse international funding sources. Its status as a premier "Supranational, Sovereign, and Agency" (SSA) issuer ensures it can raise funds even in stressed market conditions.

Key strengths: Exceptional Credit Ratings, Ownership and Guarantee Structure, Superior Capitalization, Pristine Asset Quality, Robust Liquidity

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