29.07.2010 - Moody’s affirms Saudi-based Islamic Development Bank stable outlook
From Globalarabnetwork.com: Moody’s Investors Service, one of the most important rating agencies in the world, has reaffirmed on 26.07.2010 for a fifth consecutive year the Islamic Development Bank ’s "Aaa" long term and P-1 short term foreign currency issuer rating with a “stable” outlook. Moody’s stated that the IDB's rating is strongly supported by the commitment of its member countries, and highlighted that the capital base of the Bank is strong, its operational assets continue to perform well, it enjoys a high level of liquidity and very low level of debt..............................................Full Article: Source
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