Credit Fundamentals

ADB's capital structure provides the greatest levels of security for fixed income investors, as a result of strong governance and conservative financial management, supported by a strong balance sheet, and backed by sovereign shareholders.

ADB offers its investors highest quality investment products based on its triple-A credit ratings. Its triple-A rating is based on:

  • Strong shareholder support from its 67 members (23 of which are OECD members holding 64.6% of total subscribed capital and 58.5% of total voting rights as of 31 December 2013) backed by a powerful capital structure
  • High asset quality as a result of both ADB's asset quality and its preferred creditor status
  • Conservative financial and risk management policies allowing for strong risk bearing capacity

Investment ratings

  • Moody's Investors Service: Aaa
  • Standard & Poor's Sovereign Ratings: AAA
  • Fitch: AAA

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