A. M. The credit rating agency Moody’s has upgraded the outlook for the Central American Bank for Economic Integration (CABEI) from Stable to Positive, confirming its international risk rating at “Aa3.” This action represents the Bank’s third positive rating action in the last twelve months, reaffirming its position as the best risk in Latin America.
According to the official statement issued by the rating agency, the upgrade reflects CABEI’s progress in geographically diversifying its exposures, driven by the recent execution of two Exposure Swap Agreements, as well as the strengthening of its capital and liquidity adequacy metrics.
Moody’s also highlighted the Bank’s increasingly diversified access to international capital markets, particularly through sustainable financing instruments, which reinforces an already solid liquidity position and reliable access to these markets.
Additionally, Moody’s confirmed the Bank’s long-term international rating of “Aa3,” highlighting its strong capital position and prudent leverage management, supported by asset performance that remains among the strongest in the world among multilateral development banks. At the end of 2024, the Bank had no defaults on its portfolio, reaffirming its status as a preferred creditor.
CABEI executive president Gisela Sánchez stated: “These past few days have been truly exceptional for the Bank. Achieving two positive rating actions in such a short period of time is an extraordinary achievement that reflects the coordinated effort, technical rigor, and strategic vision that underpins our management. These recognitions send a clear and forceful signal to our investors in the 26 markets where we operate: CABEI is stronger and more prepared than ever. We will continue working determinedly to translate this prospective upgrade into a higher rating as soon as possible, thus consolidating our evident commitment to financial excellence to best serve our member countries”.
Along these lines, CABEI will continue to consolidate its position as the region’s leading source of multilateral financing. All of this will be achieved by maintaining a robust financial position within the framework of technical rigor and operational efficiency, and reaffirming the confidence of its member countries, strategic allies, and investors in international markets.
