Readout of the Sixth MDBs & Credit Rating Agencies Roundtable
United States, Oct. 17 -- Building on a strong foundation of collaboration, Chief Financial Officers and Chief Risk Officers from multilateral development banks and other development finance institutions (jointly referred to as MDBs) met today to continue their dialogue with the three major credit rating agencies (CRAs). These ongoing engagements play a vital role in enhancing mutual understanding and ensuring that credit rating methodologies accurately reflect the distinctive financial and risk-management frameworks of MDBs.The discussion focused on three key areas:Implementation of Capital Adequacy Framework (CAF) Recommendations: MDBs provided updates on progress made in implementing the G20-sponsored Independent Review of MDBs' Capital ...
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