East African Development Bank will likely maintain robust capital buffers, prudent liquidity levels and remain resilient to shocks going forward, credit rating agency Moody’s has said.
While affirming the credit rating of the institution in which Kenya has a shareholding, Moody’s said capital and liquidity levels are likely to remain broadly unchanged in the medium term. The agency gave the bank a Baa3 long-term issuer rating and a stable outlook.
