January 28, 2022

Caribbean Development Bank returns to ‘stable’ outlook following ratings review

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BRIDGETOWN, Barbados — The Caribbean Development Bank (CDB) has welcomed Standard and Poor’s revision of its outlook from “negative” to “stable” and affirmation of its “AA/A-1+” status on long and short term foreign currency ratings. Following review of CDB’s 2013 results, S&P made the announcement on May 16, stating that factors that contributed to the […]