AIIB gets highest level of credit rating from Moody\’s

NEW YORK, July 1: It is not surprising that the 18-month-old Asian Infrastructure Investment Bank (AIIB) obtained the highest level of credit rating from Moody's Investors Service, an international trade expert said.  "This is no easy achievement especially given the short history since the establishment of this international institution," Anthony Mak, director of Hong Kong Trade Development Council's New York office, said in an interview with Xinhua on Friday.  On Thursday, Moody's assigned the AIIB a long-term foreign currency-issuer rating of Aaa and a short-term foreign currency-issuer rating of Prime-1 with a stable outlook.     — Xinhua [Read More]

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Source: The Financial Express


 

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