BAKU, Azerbaijan, June 11. The Capital
Intelligence Rating Agency has assigned the Eurasian Development
Bank (EDB) a first-time long-term foreign currency credit rating of
BBB with a stable outlook.


This is reflected in the statement of the Eurasian Development
Bank's (EDB) press service.


In addition, the agency assigned the multilateral financial
institution a short-term rating of A2. According to the assessment,
the EDB's financial profile exceeds the average creditworthiness of
its individual member states, indicating that the bank does not
require external rating support. The agency attributed this
standalone strength to the institution's prudent risk management
framework, full loan-loss reserve coverage, and exceptionally low
level of non-performing loans.


Furthermore, the agency emphasized that the bank's operational
model has proven resilient over its twenty-year history. Between
2022 and 2025, the institution established itself as the
multilateral development bank in non-sovereign financing within its
region, focusing primarily on infrastructure and renewable energy.
The evaluation was conducted by CI Ratings, an entity established
in 1982 and supervised by the European Securities and Markets
Authority (ESMA).


According to EDB, the credit evaluation is expected to directly
facilitate the bank's expansion into Middle Eastern capital markets
following the launch of its Abu Dhabi Global Market office in
December 2025.







The Eurasian Development Bank (EDB) was established
in 2006. Between 2022 and 2024, the bank approved $6.5 billion in
projects. According to the bank's data, this accounted for 40% of
multilateral development bank operations in non-sovereign financing
in the region.


As of the end of 2024, the EDB’s cumulative
investment portfolio stood at over $16.5 billion across more than
300 projects. These projects are associated with the creation of
approximately 40,000 jobs, an increase in annual gross output of
about $12 billion, additional annual tax revenues of roughly $1
billion, and an increase in mutual trade among member states of
around $5 billion per year.


In renewable energy, the bank has invested more than
$675 million since 2015. The green project portfolio reached
approximately $1.6-1.7 billion by the end of 2024.