| Title: | Summary: Eurasian Development Bank |
| Price: | $175.00 |
| Publication Date: | Apr 30, 2008 |
| Report Type: | Summary |
| Abstract: | The ratings on the Eurasian Development Bank (EDB) are supported by its clearly defined role as a sub-regional multilateral development finance institution (MDFI) playing an important political role, and by strong support from its two shareholders, The Russian Federation (foreign currency, BBB+/Positive/A-2; local currency, A-/Positive/A-2; national scale rating, 'ruAAA'), and the Republic of Kazakhstan (foreign currency, BBB-/Negative/A-3; local currency, BBB/Negative/A-2; national scale rating, 'kzAAA'), EDB's minority owner, respectively. Standard&Poor's Ratings Services classifies EDB as a supranational institution, and sees the bank's financial strength and shareholder support as dominant factors in assessing its creditworthiness. That said, its credit standing is not constrained by the lowest rating of its sovereign members. (See the article, "Kazakhstan Outlook Revised To Negative On |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Eurasian Development Bank Publication date: ##-Apr-#### Primary Credit Analyst: Sladana Tepic, London (##) ##-####-####; sladana_tepic@standardandpoors.com Secondary Credit Analyst: Franklin Gill,... |
| Word Count: | 765 |
| Ticker: | 1002208Z@RU |
| Issuer: | Eurasian Development Bank |
| GICS: | Diversified Banks (40101010) |
| Sector: | Global Issuers, Financial Institutions, Sovereigns |
| Country: | Supranational |
| Region: | Supranational |
| Format: | 
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