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ERA rates Eurasian Development Bank BBB+, outlook Stable
Piatok, 09 November 2018

The credit rating of Eurasian Development Bank (hereinafter, EDB) is due to the support of member states in the group along with the moderately high systemic importance of funded projects, moderate business profile, high capital adequacy, weak risk profile, and adequate funding and liquidity position.

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ERA rates Austria AA+, outlook Stable
Piatok, 26 Október 2018

ERA issues the following unsolicited credit rating for Austria.

Long term unsolicited credit rating at level AA+.  The agency expects a stable outlook for the following 12 months. The rated entity was notified on October 24, 2018, about the rating and after the notification there were no changes or amendments in the rating. This is the first release of the rating for distribution.

The credit rating assigned to Austria is due to a strong economy, tight fiscal rule which calls for very low deficits, strong private sector finances and high forward looking indicators, including governance indicators and R&D spending. The rating is restricted by high government debt load.

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ERA rates AZERBAIJAN BB+, outlook Stable
Piatok, 19 Október 2018

ERA issues the following unsolicited credit rating for Azerbaijan.

Long term unsolicited credit rating at level BB+. The agency expects a stable outlook for the following 12 months. The rated entity was notified on October 17, 2018, about the rating and after the notification there were no changes or amendments in the rating. This is the first release of the rating for distribution.

The credit rating assigned to Azerbaijan stems from an ongoing process of stabilization of the economy, yet sustained risks. The economy shows signs of stabilization based on inflation calming, improvements in real growth, and positive expectations on oil price dynamics. The long-term forward-looking indicators demonstrate certain improvement, though the overall assessment remains moderate on efficiency indices and low on political and economic stability.

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