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S&P changes Eurasian Development Bank view
S&P said it revised its outlook on Eurasian Development Bank to negative from stable.
The bank’s BBB ratings were affirmed.
“Fast and concentrated portfolio growth has substantially reduced Eurasian Development Bank's (EDB's) capital buffers,” the agency said in a news release.
“We also consider that further rapid growth in a challenging operating environment could pose risks to EDB's asset quality.”
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