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Summary
Caribbean Development Bank (CDB) continues to play an important role in the Caribbean supporting borrowing members on sustainable growth initiatives.
CDB has sustained a strong record of preferred creditor treatment (PCT) in its borrowing member countries and has strengthened its risk management functions.
S&P Global Ratings affirmed its 'AA+/Stable/A-1' rating on CDB. The stable outlook reflects S&P Global Ratings' view that over the next two years, CDB will maintain high capitalization, even amid natural disasters that can weigh on some Caribbean economies and slowing global growth.