Fitch Ratings’ 20 February 2026 report reaffirms the Caribbean Development Bank (CDB) at an AA+ Long‑Term IDR with a Stable Outlook, underscoring the institution’s excellent capital strength, robust liquidity buffers, and exceptionally low non‑performing loan ratio. The report details improvements in loan portfolio quality, reduced borrower concentration following a major exposure‑exchange agreement, and the Bank’s continued policy focus on supporting Caribbean development. Key sections examine CDB’s solvency, operating environment, risk management, shareholder support, and strategic priorities. This in‑depth assessment positions CDB as one of the region’s most resilient and credible multilateral lenders.