Moody’s confirms CABEI’s international credit risk rating at “Aa3”; with a stable outlook

Tegucigalpa, September 19, 2024 - Credit rating agency Moody's Investors Service has confirmed CABEI's long-term international credit rating at "Aa3" with a stable outlook. This confirmation highlights the Bank's strong financial position and its ongoing commitment to the economic development of the Central American region.

According to the official statement issued by Moody's, the confirmation is based on the institution's strong capital adequacy and liquidity position, supported by broadly diversified funding sources and the implementation of conservative financial policies. Furthermore, the rating agency's decision reflects the unwavering support from its member countries, including highly rated members such as the Republic of China (Taiwan) and the Republic of Korea.

CABEI's Executive President, Gisela Sánchez, stated: "the 'Aa3' rating assigned by Moody's aligns with our commitment to ensuring long-term financial sustainability while supporting the region's development. The confirmation also highlights our dedication to technical rigor and a disciplined approach to financial management. At CABEI, we prioritize a conservative and prudent financial strategy that guarantees continuous access to global capital markets and upholds our recognized presence as a recurrent issuer. This is evidenced by bond issuances in 23 markets and 25 different currencies, with the aim of delivering concrete efficiencies to borrowing countries."

According to the rating agency, CABEI's prudent asset management, including a loan portfolio with no arrears, remains key to maintaining the Bank's solid financial postition. It also highlighted CABEI's presence in multiple international capital markets, which has enabled the Bank to access funds even during periods of global financial uncertainty.

In this regard, CABEI will continue fulfilling its mission of promoting economic integration, reaffirming its commitment to maintaining its role as the leading source of multilateral financing in the region, with the aim of significantly improving people's quality of life, while preserving the highest levels of financial stability and operational excellence.