The rating agency highlighted the strong support of its members, as well as the bank’s significant progress in diversifying its portfolio
Rating agency Standard & Poor’s (S&P) maintained the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at ‘AA’, with a stable outlook, as disclosed by this regional financial organization from Tegucigalpa.
“This confirmation underscores CABEI’s financial strength, which is based on prudent management of its balance sheet through conservative financial policies,” the rating agency stated in an official release, according to the cited source.
S&P praised the firm support of the bank’s partners, along with its specific progress in aspects such as portfolio diversification and the strengthening of its operational results, consolidating its role as the main source of multilateral financing for the Central American region, achieving coverage close to 50% over the last two decades, CABEI reported.
Additionally, S&P highlighted the strategies implemented by the Bank to increase its operational efficiency, as well as the recent decrease in its interest rates, positioning it much more competitively compared to other multilateral entities in the region.
CABEI Executive President, Gisela Sánchez, emphasized the relevance of having secured the ‘AA’ rating once again this year across all its international assessments, confirming the Bank’s position as the safest credit risk in Latin America.
“The reiteration of our ‘AA’ rating demonstrates CABEI’s commitment to following the new 2025-2029 plan, aimed at strengthening our financial profile by promoting capitalization policies and careful financial management, to continue leading as the premier development bank in the region. This includes expanding our influence in key areas such as environmental and social sustainability, in addition to favoring the inclusive economic growth of our member countries,” she added.
According to CABEI, the rating agency has indicated that the stable rating outlook is based on the forecast that, over the next two years, CABEI’s members will continue to support the organization through timely capital contributions, and due to its impeccable track record of preferred creditor treatment received.
S&P “also projects that CABEI will manage capital levels cautiously while preserving high-quality liquid assets,” the Central American entity highlighted.
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