OPEC Fund Assigned Inaugural Credit Rating of AA+ From Fitch Ratings
The OPEC Fund for International Development (the OPEC Fund) has been assigned an inaugural credit rating of AA+, with stable outlook from Fitch Ratings. Fitch cited the OPEC Fund’s excellent capitalization, liquidity levels and asset quality as key rating strengths. The OPEC Fund’s well-diversified lending book and preferred-creditor status, strong risk management policies and very […]
