Institution details
Islamic Development Bank (IsDB) (IsDB)
Key facts
- Established in 1975
- Ownership: Public
- King Khalid Road, An Nazlah Al Yamaniyah
- None
- http://www.isdb.org/irj/portal/anonymous?guest_user=idb_eng
Latest update: 03/12/2021
rating type | rating agency | type | rating |
---|---|---|---|
Institution rating | S&P | Foreign currency | AAA |
Products
- None
Performance highlights
What's new?
- The bank announced plans to move staff outside Saudi Arabia and play a lead role in projects in designing investment projects
- IDB launched a USD 500 million fund supporting science, technology, and innovation initiatives that will tackle development challenges around the globe
- The present membership of the IDB consists of 57 countries, and the basic condition for membership is that the prospective member country should be a member of the Organization of the Islamic Cooperation (OIC)
- The Islamic Development Bank is fully committed to implementing the United Nations’ Sustainable Development Goals (SDGs)