The States of Jersey international credit rating issued by Standard & Poors (S&P) has been affirmed today as one of the best that the credit ratings service awards. S&P has affirmed its ‘AA+/A-1+ long- and short-term sovereign credit rating, with a stable outlook’ for the States of Jersey.

In its report, S&P noted: “The ratings on Jersey reflect our view of its high wealth, strong fiscal flexibility, and public-policy stability.”

Geoff Cook, CEO Jersey Finance Limited, commented:

‘The announcement from S&P is naturally welcome news since it reinforces one of Jersey’s key strengths which appeals to international investors which is our enduring economic stability and prudent financial management of the economy.’

For more details of the S&P announcement please follow the link to the States of Jersey press release:

http://www.gov.je/News/2014/pages/CreditRatingConfirmed.aspx