Moody’s affirms EBRD

Moody's Investors Service said it affirmed the European Bank for Reconstruction and Development's (EBRD) Aaa long-term issuer and senior unsecured foreign currency rating.

Concurrently, the short-term foreign currency issuer rating of P-1 was affirmed.

The outlook remains stable.

The key factors underpinning the affirmation are EBRD's strong capitalization and steadfast shareholder support which mitigate risks posed by a challenging operating environment and the bank's conservative liquidity together with strong indicators of market access, Moody’s said.

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