News by tag: S&P

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
S&P affirms “A-“ long-term rating for IIB with a stable outlook

S&P affirms “A-“ long-term rating for IIB with a stable outlook

On March 26, 2020, the international rating agency S&P Global affirmed the IIB “A-” long-term rating with a stable outlook. Among the main factors that contributed to this decision, S&P points out the Bank’s high level of capital adequacy and the effectiveness of the risk management system, which, according to the Agency, will allow the institution to confidently confront the challenges of the current period of high volatility in the global economy. S&P defines the financial profile of IIB…  Read more
S&P Global upgrades IIB long-term rating to A- with a stable outlook

S&P Global upgrades IIB long-term rating to A- with a stable outlook

On March 7, 2019 international rating agency S&P Global upgraded long-term rating of International Investment Bank (IIB) to A- with a stable outlook. This is a first in 2019 and already a fifth positive rating action on the Bank since the beginning of 2018 from leading international rating agencies. S&P underlines that the upgrade is based on a “moderate corporate risk profile and a very strong financial profile in accordance with renewed criteria of the agency” adopted within the framework of…  Read more