Wednesday, August 3, 2016

Fitch Affirms Asian Development Bank at 'AAA'; Outlook Stable

(The following statement was released by the rating agency)

LONDON, August 03 (Fitch) Fitch Ratings has affirmed the Asian

Development

Bank's (AsDB) Long-Term Foreign and Local Currency Issuer

Default Ratings (IDR)

at 'AAA' with a Stable Outlook. The Short-Term Foreign Currency

IDR has been

affirmed at 'F1+'. AsDB's issue ratings have also been affirmed

at 'AAA'/'F1+'.

The ratings reflect AsDB's intrinsic strengths, in particular

the bank's strong

capitalisation, sound liquidity and excelle

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