News by tag: S&P

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