The EDB has been awarded a BBB investment rating by the European agency CI Ratings

The Eurasian Development Bank has received its first international credit rating from the European rating agency Capital Intelligence Ratings (CI Ratings). The agency has assigned the bank a long-term rating of BBB and a short-term rating of A2 in foreign currency, with a stable outlook.

The assigned rating falls within the investment grade category and reflects the bank’s strong standalone creditworthiness. CI Ratings noted the EDB’s strong capital position, good asset quality, comfortable liquidity levels and low refinancing risk.

A distinctive feature of the assessment was that the long-term BBB rating was set at the level of the bank’s own creditworthiness without additional premiums for shareholder support. At the same time, the agency emphasised that the member states are prepared, if necessary, to provide additional support to the EDB through a significant amount of callable capital.

Analysts also highlighted the bank’s low proportion of non-performing loans, full coverage of the loan portfolio by provisions for potential losses, an effective risk management system and sustainable profitability as key strengths.

The agency noted that the EDB’s business model has proven its resilience over two decades of operation. The bank specialises in financing long-term projects with social and economic impact, including infrastructure initiatives and green energy projects. According to CI Ratings, in 2022–2025 the EDB was the leader among development banks in terms of non-sovereign financing in the countries where it operates.

A stable rating outlook means that the agency expects the bank to maintain high levels of capital, liquidity and loan portfolio quality over the next 12 months.

Receiving a rating from an agency regulated by the European Union will strengthen the EDB’s position in international capital markets. In particular, the bank plans to expand its work with investors in the Middle East. In December 2025, the EDB opened an office in the Abu Dhabi Global Market (ADGM) international financial centre and intends to attract investment into projects in Central Asia.

Capital Intelligence Ratings is registered in the EU and is supervised by the European Securities and Markets Authority (ESMA). The agency is also recognised by the European Banking Authority (EBA) and a number of regulators in the Gulf states and the Middle East and North Africa region.