21 October 2025
Moody’s Ratings, a leading global credit rating agency, has upgraded the counterparty risk rating of Trade and Development Bank JSC (TDB) by one notch to B1.
In particular, Moody’s uplifted TDB’s long-term risk ratings and assessments to B1 from B2. All other financial ratings and assessments of TDB were affirmed, with the outlook remaining “stable”.
This improvement in TDB’s credit rating carries several positive implications, including enhanced access to international capital markets, reduced cost of funding from abroad, and increased appeal to foreign investors. Ultimately, it reinforces confidence and trust among TDB’s counterparties, including clients, partners, and investors.
TOGETHER TOWARDS SUSTAINABILITY
TRADE AND DEVELOPMENT BANK