Standard & Poor’s Ratings Services affirmed its ‘AAA’ long-term and ‘A-1+’ short-term issuer credit ratings on the Islamic Development Bank (IsDB). The outlook is stable.
The ratings on IsDB are based on its “very strong” business profile and “extremely strong” financial profile, as defined in our revised criteria for multilateral lending institutions (MLIs; see “Multilateral Lending Institutions And Other Supranational Institutions Ratings ethodology,” ……………………………………….Full Article: Source