S&P Global Ratings Assigns Afreximbank 'BBB+/A-2' Investment Grade Rating

S&P Global Ratings has assigned Afreximbank an investment grade rating of 'BBB+/A-2', reflecting the bank's growing strategic importance and its role in supporting African economies through global and regional uncertainties.

15 Jun, 11:07 — 15 Jun, 11:07

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myjoyonlineMixed74d ago

S&P Global Ratings assigns Afreximbank ‘BBB+/A-2’ investment grade rating

According to S&P, the rating reflects Afreximbank’s growing strategic importance, robust enterprise risk profile and expanding role as a countercyclical institution supporting African economies through periods of global and regional uncertainty.

By Charles Nixon

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S&P Global Ratings Assigns Afreximbank 'BBB+/A-2' Investment Grade Rating

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S&P Global Ratings assigns Afreximbank ‘BBB+/A-2’ investment grade rating

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