Standard & Poor’s Rating November 2024
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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. 

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