|Japan Credit Rating Agency||AA|
|Moody's Investor Service||Aa3|
|Standard & Poor's||AA-|
|Moody's Investor Service||P-1|
|Standard & Poor's||A-1+|
CAF's success accessing the international capital markets is mostly due to the high credit ratings assigned by the main international rating agencies.
In fact, CAF´s ratings are among the highest of Latin American debt issuers.
These agencies have recognized the Institution's outstanding creditworthiness based on a strong capital base, which resulted from the continuous support from the shareholders through repeated increases in subscribed and paid-in capital and a greater loan portfolio diversification.
Some key factors underpinning CAF's credit ratings are:
- Strong capitalization
- Excellent asset quality
- High liquidity level
- Consistent growth and profitability
- Preferred creditor status
- Continued shareholders support
- Broad investor base
Documents and notes of interest regarding credit rating: