Fitch多边发展银行研究报告.pdf

Supranationals  Sector­Specific Criteria  Rating Multilateral Development Report  Banks and Other Supranationals  Analysts  Introduction  Eric Paget‐Blanc, Paris Multilateral development banks (MDBs) are supranational financial institutions which +33 1 44 29 91 33 provide loans, mainly to emerging countries, and help finance regional integration in eric.pagetblanc@ specific geographies. While MDBs account for most supranationals, Fitch Ratings also Richard Fox, London rates some “supranational administrative bodies” which have been created primarily to +44 20 7417 4357 richard.fox@  foster regional integration rather than to provide loans. MDBs and supranational administrative bodies have in common their being controlled by several member Related Research countries and not being subject to national jurisdictions. Governance rules are set by international treaties between member countries. Fitch distinguishes two broad types Global Financial Institutions Rating Criteria of MDB. (December 2009) Global, regional and European MDBs are the largest by their size and range of operations. Highly rated advanced countries own a large share of their capital. Sub‐regional MDBs have more local activities and operate in emerging countries onl