Moody's decision to affirm the rating reflects
EADB's high capital position and strong liquidity, balanced against a challenging operating environment, low asset quality and concentration risks that has led to a recent rise in non-performing loans.
What differentiates the
EADB from other DFIs and financial institutions in the region?
He said that
EADB delivered credits to Ameria bank, Araratbank, Armbusinessbank and "Areximbank-Gasprombank Group"
As the apex financial institution for the EAC, the
EADB takes a leading role in regional initiatives.
The
EADB also plans to underwrite mortgage insurance and housing bond guarantees.
Other private issuers include the East African Development Bank (
EADB) and the Preferential Trade Area Bank.
The East African Development Bank (
EADB) plans coordinated bond issues on all three stock markets to raise funds for integration projects.
Inc., USA Godfrey Tumusiime Director-General, East African Development Bank (
EADB), Kampala Jasmine M.
The main problem for local institutional investors in this case is the lack of liquidity, since there are only two debt instruments listed on the Kampala stock exchange (the
EADB bond and the PTA bond), neither of which has a maturity exceeding three years.