Standard & Poor’s Rating November 2025
Cover page of an S&P Global Ratings report titled ‘Caribbean Development Bank AA+/A-1+ Ratings Affirmed; Outlook Is Stable,’ dated November 24, 2025, with overview bullet points and contact details.
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Summary

S&P Global Ratings has affirmed the Caribbean Development Bank’s long-term issuer credit rating at ‘AA+’ and short-term rating at ‘A-1+’, with a stable outlook. 
 
The decision reflects CDB’s very strong enterprise risk profile, extremely strong capital adequacy (RAC ratio at 59.6%), and its critical role in financing Caribbean development. 
 
The report highlights robust shareholder support, prudent risk management, and strategic plans for 2026–2035, ensuring resilience against economic and climate-related challenges.

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