ACRA affirms A to International Investment Bank, outlook Stable, under the international scale, AAA(RU), outlook Stable, under the national scale for the Russian Federation. The agency also affirms AAA(RU) to the IIB bond issues
Among the key factors that contributed to this decision, ACRA, in particular, names high quality of management and strategy, transparency of operating activities, strong adequacy of capital, funding and liquidity, efficiency of the asset and risk management system, constant support from the member states due to high importance of the IIB’s operation for their economies.
Since the beginning of this year, this is already the second positive action that rating agencies have taken with regard to IIB.
Earlier in March, the international rating agency S&P Global confirmed the IIB's long-term rating at 'A-' with a stable outlook.
