12:09 - 16.02.2026

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February 16, Fineko/abc.az. International rating agency S&P Global Ratings has confirmed the long-term and short-term credit ratings of the Azerbaijan Business Development Fund at BB/B with outlook Stable.

ABC.AZ informs that this decision is reflection of the progress achieved as a result of the operational integration of the AEDF and Azerbaijan Investment Company, which were merged under the ABDF brand in 2025.

According to the agency, the Fund is simultaneously developing a medium-term strategy, and the formation of the board of directors of the combined structure will be completed by the end of 2025. The consolidated audited financial statements of ABDF for 2025, prepared in accordance with International Financial Reporting Standards (IFRS), are expected to be published in June 2026.

"We expect that ABDF will publish consolidated audited financial statements under IFRS for 2025 in June 2026. The stable outlook reflects our expectations that over the next 12 months, the combined structure will continue the integration process, while maintaining a very strong capitalization and moderate risk appetite," S&P says.