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Rating
On 28 September 2009, Standard & Poor's Ratings Services assigned its 'AA+'
long-term and 'A-1+' short-term issuer credit ratings to Oesterreichische
Entwicklungsbank AG (OeEB). The outlook is stable.
Standard & Poor states that Oesterreichische Entwicklungsbank (OeEB) has a very important role in implementing Austria's international development policy because it is the government's sole agent for financing private-sector investments in developing and transition countries. OeEB has an integral link with the government, based on state guarantees for client-related business. A positive implication on the rating for OeEB was also attributed to the fact that it is the subsidiary of a prominent government-related entity Oesterreichische Kontrollbank AG.