IDB Clinches Standard & Poor’s "Stable Outlook" Ratings

Jeddah, January 05, SPA -- The Islamic Development Bank (IDB) announced today that
Standard & Poor’s, one of the leading rating agencies in the world, has
reaffirmed a "stable" outlook for the Bank granting it 'AAA' long term and 'A-1+'
short term issuer ratings.


Standard & Poor’s stated that the IDB's ratings are supported by very strong
capitalization and liquidity, a good asset portfolio and preferred-creditor
treatment and other shareholders' support.


IDB is one of the few multilateral development financial institutions rated by the
three leading international rating agencies - Standard & Poor's, Fitch and
Moody’s with the highest possible rating (Triple-A).


Moreover, IDB has been recognized as eligible for ‘Zero Risk-Weight’ by Basel
Committee on Banking Supervision in 2004 and the European Union in May 2007.


IDB is an international financial institution established in 1975 with the purpose
of fostering economic development and social progress of Member Countries and
Muslim communities in non-member countries in accordance with the principles of
Shari’ah (Islamic Law).

--SPA
14:14 LOCAL TIME 11:14 GMT NNNN


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