Almaty, 5 September
2011. Moody’s Investors Service published its annual ratings for the Eurasian Development Bank (EDB). In its report, Moody’s affirmed the EDB’s current long-term foreign currency rating of A3 and a short term rating of P-2, with stable outlook.
“We are glad that Moody’s ratings conform to our own vision and confirm the stability of our business,” said Igor Finogenov, Chairman of the EDB Executive Board. According to Moody’s, “these ratings reflect the standalone financial strength of EDB, whose capital is fully paid in. They also reflect our view that, in case of need, EDB would likely receive financial support from its current shareholders.”
Credit Analysis by Moody's Investors Service, 1 September 2011 (846 KB)
