Safeguard Policy Statement & Strategy 2020 Midterm Review slide image

Safeguard Policy Statement & Strategy 2020 Midterm Review

AAA Rating based on Strong Fundamentals STANDARD & POOR'S RATINGS SERVICES MOODY'S INVESTORS SERVICE Fitch Ratings "We base our ratings on AsDB on our assessment of its extremely strong business profile and very strong financial profile. We consider the unwavering public policy mandate and the preferred creditor treatment for the bank as key strengths. We expect the AsDB to maintain its healthy liquidity position, strong funding presence, and high capitalization level."- Standard and Poor's, July 2016 "The Asian Development Bank's (ADB) Aaa long-term issuer and debt ratings are supported by the bank's strong capital adequacy, ample liquidity buffers, and preferred creditor status. Strong shareholder support further enhances the ADB's robust financial performance. The bank's credit strengths, that have remained intact through recent periods of global and regional economic stress, have also been backed by prudent financial management.” - Moody's, July 2016 "Due to its preferred creditor status, AsDB enjoys extremely low levels of loan impairments. The average rating of loans is BBB- as of FY-2014, which compares favourably to AAA-peers, and reflects the excellent performance of its loan book (no impairment on its sovereign portfolio)." - Fitch Ratings, July 2015 17
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