S&P assigns OPEC Fund AA/A-1+, Positive Outlook
S&P Global Ratings has assigned a rating of AA/A-1+, positive outlook to the OPEC Fund in its inaugural assessment of the international development institution, stressing the Fund’s “extremely strong” financial risk profile and capital base as well as its strong funding and liquidity positions. The rating agency further underlines the OPEC Fund’s “strong enterprise risk […]