04.10.2011 - Standard & Poor's assigns its highest rating to IDB
In a report issued today 29 September 2011, Standard & Poor's affirmed for the 10th consecutive year its 'AAA' long-term and 'A-1+' short-term credit ratings of the Islamic Development Bank (IDB) with a Stable Outlook. Standard & Poor's stated that the IDB's ratings are underpinned by strong shareholders' support, very high level of capital and liquidity and a good asset portfolio with preferred-creditor treatment and historically very low losses..............................................Full Article: Source
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