Fitch Ratings Revises CAF’s Outlook to Positive; Affirms at ‘A+’
Fitch Ratings has revised the outlook on Corporación Andina de Fomento’s (CAF) Long-Term Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at ‘A+’. KEY RATING DRIVERS CAF’s rating is driven by its Standalone Credit Profile (SCP) at ‘a+’. The SCP is underpinned by the bank’s solvency assessment of ‘a+’, liquidity assessment of ‘aa+’ and a ‘medium’ risk business environment assessment. To read the full report, click below .