News
12 December 2016

Moody's: General capital increase supports Afrexim's Baa2 rating

Region:
Middle East & Africa

African Export-Import Bank's (Afreximbank) Baa2 rating and stable outlook are supported by its recently completed general capital increase, which raised around $500 million in under two years, mainly from existing shareholders, Moody's Investors Service said. Improving asset quality,...

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