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.
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.