Mar 19, 2010
Moody’s reaffirms IDB’s triple A Credit Rating
Moody’s Investor Services reaffirmed its long-standing Aaa credit rating for the Inter-American Development Bank, citing the IDB’s prudent financial management, strong support from its shareholders, preferred creditor status and robust capital base.
“Prudent financial management and strict compliance with conservative financial policies have consistently supported the Bank’s fundamental credit strengths, which include a strengthened capital adequacy and a strong liquidity position,” Moody’s said in 17-page report.
Moody’s also said member countries of the IDB have recognized the importance of preserving the Bank’s financial soundness and its premier credit status.