Credit ratings
CAF’s success accessing the international capital markets is mostly due to the high credit ratings assigned by the main international rating agencies.
These agencies have recognized the Institution's outstanding creditworthiness based on a strong capital base, which resulted from the continuous support from the shareholders through repeated increases in subscribed and paid-in capital and a greater loan portfolio diversification.
To date all CAF’s ratings are investment grade.
Some key factors underpinning CAF’s credit ratings are:
- Strong capitalization
- High liquidity level
- Preferred creditor status
- Broad investor base
- Consistent growth and profitability
Documents and notes of interest regarding credit rating
CAF – Fitch upgrades CAF’s rating to AA- from A+; outlook stable. January 2023
Format pdf | Weight 655 KB
CAF – JCR Upgrades CAF’S Rating To AA+ From AA; Outlook Stable September 2022
Format pdf | Weight 477 KB
CAF - S&P upgrades CAF's rating to AA- from A+; outlook positive June 2022
Format pdf | Weight 115 KB
CAF-S&P affirms rating at A+; outlook revised to positive from stable June 2021
Format pdf | Weight 114 KB
