Multilateral development banks, keen to expand lending, to meet with ratings agencies

France Nouvelles Nouvelles

Multilateral development banks, keen to expand lending, to meet with ratings agencies
France Dernières Nouvelles,France Actualités
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A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtipsMARRAKECH, Morocco - Senior executives at multilateral development banks will meet on Wednesday with the top credit ratings agencies, bank executives said, amid a broad push to expand their lending capacity and help countries brace for climate change and other challenges.

Lakshmi Shyam-Sunder, the World Bank's chief risk officer, said the ratings agencies had shown some openness to considering revisions in how they treat callable capital in the banks' balance sheets. Casali said Wednesday's meeting, on the sidelines of the annual meetings of the International Monetary Fund and World Bank in Morocco, would include officials from the World Bank, the Asian Development Bank and the African Development Bank, along with the three top credit raters - Moody's, Standard & Poor's and Fitch.

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France Dernières Nouvelles, France Actualités

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