Tuesday 09, September 2008 by
Fitch affirms Islamic Development Bank at AAA/F1+
Fitch Ratings said it has affirmed the Islamic Development Bank's (IDB) ratings at long-term Issuer Default (IDR) AAA with stable outlook and short-term IDR F1+. The ratings are based on the strong support the bank derives from its shareholders, its very limited recourse to leverage and its established track record in terms of asset quality.
