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Fitch affirms Asian Development Bank
Fitch Ratings said it affirmed Asian Development Bank's long-term issuer default rating at AAA and short-term issuer default rating at F1+.
The outlook is stable.
The ratings reflect the bank's strong support from high-quality non-borrowing shareholders, comfortable capitalization and conservative financial policies, Fitch said.
The bank benefits from the solid support of its 67 member countries, the main shareholders being the United States and Japan, the agency said.
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