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The OPEC Fund for International Development (OPEC Fund) is an intergovernmental development finance institution established in 1976 by the member states of the Organization of the Petroleum Exporting Countries (OPEC).
29 lip 2021 · OPEC Fund's key shareholders are Saudi Arabia (A/Negative; 34.1% of paid-in capital), Venezuela (NR; 13.5%) and Kuwait (AA/Negative; 12.3%).
20 wrz 2023 · SCP Underpins Ratings: The OPEC Fund for International Development’s (OPEC Fund) ‘AA+’ Long-Term Issuer Default Rating (IDR) continues to be anchored on its Standalone Credit Profile (SCP). The SCP is driven by the lower of Fitch Ratings’ assessment of the fund’s solvency profile (aa+) and liquidity profile (aaa), combined with a ...
22 gru 2022 · The positive outlook reflects our view that the OPEC Fund's extremely strong financial profile, risk-averse management team, and planned entry in the public capital markets could allow it to become a dynamically disbursing and more relevant development institution, without assuming unnecessary risk. Rating Action. -term issuer credit ratings o.
8 gru 2021 · ‘Excellent’ Liquidity: Liquidity is a rating strength for OPEC Fund, reflecting its ‘Excellent’ liquidity buffer, ‘Excellent’ asset quality and ‘Weak’ access to capital markets. OPEC Fund has not tapped international capital markets, with its sole funding source being capital replenishment contributions from member states.
1 gru 2021 · December 1, 2021: S&P Global Ratings has assigned a rating of AA/A-1+, positive outlook to the OPEC Fund in its inaugural assessment of the international development institution, stressing the Fund’s “extremely strong” financial risk profile and capital base as well as its strong funding and liquidity positions.
20 gru 2023 · To date, the OPEC Fund has committed more than US$24 billion to development projects in over 125 countries with an estimated total project cost of US$190 billion. The OPEC Fund is rated AA+/Outlook Stable by Fitch and AA+, Outlook Stable by S&P.
