- Language: English
- Published: November 2012
- Region: China
Caribbean Development Bank Sep 11
- ID: 1925179
- September 2011
- Region: Caribbean
- Standard & Poors
Strong capitalization; Historically well-performing asset portfolio; Prominent position as a lender in its borrowing member countries; and Recent demonstration of strong shareholder support in the form of a 138% increase in paid-in capital to be paid in over six years. Small size, which complicates liquidity management and raises relative financing costs; and High growth of the loan portfolio during 2010 amid a weak economic environment in some Caribbean countries. The issuer credit ratings on the Caribbean Development Bank (CDB) reflect its strong capitalization, the historically high quality of its loan portfolio, and its strong membership support demonstrated by shareholders' 2010 decision to increase paid-in capital by 138% ($217 million) over six years. The downside risks to the rating include the...
Companies mentioned in this report are: Caribbean Development Bank
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