The International Investment Bank (IIB) had its credit rating from the Russian Analytical Credit Rating Agency (ACRA) and S&P Global affirmed by Moody’s Investors Service earlier this month at “A3” with a stable outlook. The “A3” rating of IIB is attributed to the improvement in credit metrics of the institution amidst new challenges and heightened uncertainty caused by the COVID-19 pandemic outbreak.
IIB gets long-term credit rating of “A3”
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EXIM BANK through the Government of India extends a short-term line of credit of USD 55 Million to the Government Of The Socialist Republic Of Sri Lanka
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