| Date: | August 2012 |
| Type: | Financing Documents |
| Subject: | ADB administration and governance |
Description
This document provides an overview of Standard and Poor's credit rating of the Asian Development Bank, and reflects the bank's healthy financial profile, conservative financial policies, and strong shareholders' support.
Contents
- Major Rating Factors
- Rationale
- Outlook
- Membership: Strong Support by 67 Member Countries
- Policies: Conservative and Within Statutory Limits
- Assets: Majority of Loans are to Sovereigns
- Capital Structure: Large Capital Increase to Support Strategy 2020
- Functions of the Asian Development Fund
- Asset-Liability Management: Cost of Debt Decreases
- Trend of Profitability Sustained
- Related Criteria and Research