News by tag: rating

Fitch Ratings keeps IIB rating as investment grade

Fitch Ratings keeps IIB rating as investment grade

Following the decision of S&P Global that affirmed the long-term credit rating of International Investment Bank at “A-“ level with a negative outlook, on March 9, 2022 Fitch Ratings reviewed the institution’s long-term credit rating assigning “BBB” with a negative outlook. The decision affirms IIB’s average credit rating at investment grade. It is currently at par with a sovereign credit rating of Hungary, one of its main shareholder states. Despite a number of public announcements made by…  Read more
S&P Global affirms long-term rating of International Investment Bank  at

S&P Global affirms long-term rating of International Investment Bank at "A-" level

On March 9, 2022, international credit rating agency S&P Global affirmed long-term rating of International Investment Bank at “A-“. Among the main factors underpinning the decision, S&P indicates the solid capital position, comprehensive liquidity buffers and the special status of IIB as an international financial institution. Taking into account public statements of some European member states of the Bank regarding their possible withdrawal from IIB amid unfolding geopolitical events, the…  Read more
Fitch affirms long-term rating of International Investment Bank at “A-“ with a stable outlook

Fitch affirms long-term rating of International Investment Bank at “A-“ with a stable outlook

On August 18, 2021 international credit rating agency Fitch Ratings affirmed long-term rating of International Investment Bank at “A-“ with a stable outlook. The rating affirmation, IIB's third in 2021, praised the Bank’s financial stability and its effective response to the consequences of the COVID-19 pandemics. Among the main factors underpinning the A- rating, Fitch indicates the financial solvency and risk profiles supported by current and forecasted capitalization levels, robust…  Read more
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

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…  Read more
S&P Global affirms long-term rating of International Investment Bank  at “A-“ with a stable outlook

S&P Global affirms long-term rating of International Investment Bank at “A-“ with a stable outlook

On March 31, 2021 international credit rating agency S&P Global affirmed long-term rating of International Investment Bank at “A-“ with a stable outlook. Among the main factors leading to this decision S&P names a “very high” capital adequacy and a “very strong” financial profile of the Bank, good quality of the loan portfolio and assets, growing diversification of funding sources and instruments, continuous shareholder support. S&P underlines that IIB managed to improve its capital…  Read more