Moody's confirms ratings of Eurasian Development Bank
Almaty, 13 October 2017. International rating agency Moody’s has confirmed Eurasian Development Bank’s (EDB) Bаа1 long-term rating. The outlook for the rating is stable. EDB’s Prime-2 short-term rating is also confirmed.
The key factors highlighted by Moody’s experts include EDB’s high capital adequacy ratios.
Furthermore, the analysts consider the Bank’s quite strong liquidity position, noting at the same time the uncertainty related to its access to finance.
Additional Information:
Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. EDB’s charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.
EDB Media Centre:
+7 (727) 244 05 45, ext. 6147 (Almaty)
+7 (495) 645 04 45, ext. 2732 (Moscow)